ED Magedson – Founder
Omni Financial2300 5th Avenue Vero Beach, Florida USA
Omni Financial Abuse their employees Vero Beach Florida
Omni Financial is a very corrupt organization. Not all of their employees are corrupt, and they do have some ethical individuals that work for them. However, it is very rare to find someone that is ethical in the upper levels of management at this company.
The blueprint for this business is for the sales department to lie extraordinarily to their potential customers to get them to cut a retainer check, and for the production department to then take the file and figure out the work that really needs to be done. This is because the moment that a customer’s Work Agreement is signed, THEN the initial investigation with the IRS, and/or State Department of Revenue is completed. The process is completed like this, so that after doing their initial investigation with the taxing authorities, they can figure out how to rewrite their clients’ contract and get more money from them. They do this in cases where an individual has missing returns that need to be filed, where their liability is higher than they had originally thought, if they find out that individual has a business they didn’t know about, and many other instances as well.
However, the sad truth is that often times these small changes really do not create any additional work for Omni Financial and they are just a leg for them to stand on when they are asking their unknowing customers for more money. For example, if a business originally came on as a client of Omni Financial and felt they owed about $55,000 to the IRS, and it turned out they actually owed $86,000, an instance like this would still mean the same exact amount of work for the company, yet they may tack on an additional $3,000 to $5,000 in retainer and claim it is becauss of an “Increase in Liability”.
Another example of this is the Form 843, First Time Offender Penalty Abatement. In their first year of tax delinquency with the IRS, all taxpayers qualify for the abatement of penalties assessed against them. All this requires is that a taxpayer download the Form 843 from the IRS website, request a copy of their transcript for that year from the IRS, and fill out the form accordingly. As long as it is an individual’s first time with any delinquent issues, they are granted the abatement of penalties. What Omni Financial will do, is tell you that they can have your penalties abated, but that it will take intense negotiations through their Power of Attorney Department. I have seen cases where the penalties for an individual’s first year owing were close to $3,000.00, and Omni charged their client exactly that much in retainer for the abatement, strictly because they knew they had the money, and they knew they wouldn’t know any better. And this wasn’t even an Associate doing this, but a Team Manager with about 8 to 9 different associates working underneath them.
Omni Financial is a company that constantly has to reverse decisions that they have made and compensate for the poor behavior and ethical standards of their employees. There have been numerous cases where an associate has tried to rewrite somebody’s contract and ask them for more retainer money, only for that customer to end up on the line with the CFO Andrew, and be granted either credits to their retainer based upon erroneous billing by their employees, or be granted representation Pro Bono for the remainder of their case.
The head Administrative employee at this company, Laura, can barely even speak English. She was found down in Costa Rica by the founder of the company, not exactly sure where down there….
And finally, the individuals picked to be General Manager for this company definitely come from the Cream of the Crop. Their previous General Manager until last year was a former stripper (no joke), and their current General Manager is well known for sexual harassment. It is also important to mention that neither of the two are licensed in anything…..except for maybe stripping and sexual harassment.
This report was posted on Ripoff Report on 07/05/2013 12:02 PM and is a permanent record located here: http://www.ripoffreport.com/r/Omni-Financial/Vero-Beach-Florida-32960/Omni-Financial-Abuse-their-employees-Vero-Beach-Florida-1064626. 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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