- Report: #950785
Report - Rebuttal - Arbitrate
Complaint Review: electronic payments systems
electronic payments systemsengelwood, Colorado United States of America
electronic payments systems eps 90, ach 90 no credit check , check guarantee program engelwood, Colorado
The above sounds expensive but, explained Greg Carter and Tom (last name forgotten), for this fee EPS "guarantees we will never again have a collection problem". However, what ended up happening is as soon as the first check did not clear the customers bank EPS90 did not deposit funds in our account as promised. They now claim they cannot pay us unless they collect. This company straight out lied to us. When asked point blank during their presentation "is there any condition that may arise that EPS90 will not cover a check that does not clear our customers account as promised", they answered "no, sir! as long as we have an approval #, the funds are 100% assured".
So after realizing we were lied to and frauded, we contacted EPS90 to terminate our agreement with them. They continued to ACH out of our bank account several fees monthly (fees that were never disclosed to start with). We finally had to fill out a fraud report with our bank (bank of america) , to return the funds that were taken from us and stop any further theft. The balls of EPS90 don't stop at fraud though. They actually have an extremely obnoxious and aggressive collection company called Greenberg, Grant & Richards Inc, calling with all kinds of rediculas threats.
If you are contacted by anyone representing this company, do not allow them in your office. They will lie, steal, cheat and even forge your signature. They are very unorganized at the corp level and do not know their own business. We have lost almost $10k dealing with them and can absorb a loss like this, but we know alot of small businesses would suffer terribly if frauded out of this kind of money and that is why this is the first time we have ever participated in a forum like this.
This report was posted on Ripoff Report on 10/04/2012 10:57 AM and is a permanent record located here: http://www.ripoffreport.com/r/electronic-payments-systems/engelwood-Colorado-80111/electronic-payments-systems-eps-90-ach-90-no-credit-check-check-guarantee-program-engel-950785. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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