ED Magedson – Founder
Greg Sundem9045 Modern CT Las Vegas NV 89149 Las Vegas, Nevada USA
Greg Sundem Greg Sundem is a fraud and liar Las Vegas Nevada
Greg Sundem is a liar and a fraud. So Greg Sundem comes into my office claiming to be experienced and expert at funding medical claims. He also claims to be an IT expert. Well here is how he operates, he grossly overstates his experience. For example he claimed to be a long time expert in Illinois and California workers compensation claims and how to finance them. When really all he was a short term clerk for a funding company in Minnesota that already had their system in place including their own bank line. Greg claims he brought the DZ Bank line to that funder, problem is that bank had been in place since 2004 years before Greg’s very short stent with that company. Feel free to reach out for Patrick Preece and ask. linkedin.com/pub/patrick-preece/19/114/b59 He claimed he had contacts in Chicago for medical claims, all of the claims he provided either did not want anything to-do with him or they did not even know who he was. (There was a total of three and all of them were still doing business with the company Greg worked for. Nice how he circles back to try to move in on something that was never his in the first place.) The funding company he brokered the Chicago claims too is considering suing the providers and Greg Sundem for fraud.
He moves to Las Vegas and makes claims that he does business in California. Wrong never did one deal there prior to riding the coat tails of someone who has been doing business there for years. He totally lied to me saying they were his clients.
He partnered with a long time Las Vegas business to launch Medcare Finance. That is where he started the process of ripping me off, I made the introduction. He was ousted there after making claims of his experience and expert abilities. He stuck a collection company in India for $20,000 and someone else had to pay them. He almost got sued for using a “like name” of someone who was a large client for the company in Minnesota. He stole other people’s projections, clients and resources claiming as his own. In one event a party that Greg pitched to claiming all the material was his from his years of experience in California was found out to be that of someone else’s. That same company circled back around to pitch the guy Greg stole the information from. In a funny twist the company then showed the guy materials that they were under the impression belonged to Greg when in fact it was this guys material. Greg had signed a non-disclosure agreement with this guy and then turns around and puts him name on the material. He was issued cease and desist orders for lying and stringing clients out for months.
He even went so far as to make an outrages claim that an investor was going to pick him up via helicopter for a meeting in LA. Really! All the time making wild claims that he is “Highly sought after” as an expert! More like highly sought after for committing fraud over and over. He claims he traveled to 40 states to research workers compensation systems? Bull never did and if so why is he not doing business in those 40 states? Show some proof like all of the records of what you learned. Which 40 states? Who paid for that? Greg claims he developed “Smart Claims” yeah right where does he come up with these dreams. Finally he claims he developed an in-house collection system? Yeah MedCare Finance fired him because he could not get one claim paid on his own. I think if someone really tested his claims would not be surprised to find out it is mostly if not all fabricated dreams. He claims to be a non-drinking Church attending Christian. He drinks more beer in one golf outing than most drink in a month. It was highly rumored that he kept a girl friend in Las Vegas while his family moved to Alaska.
In closing while Greg had all of this wiled success, the repo man and collection companies was looking for him while in Las Vegas. Really! Beware he is not what he says he is.
PS – He cannot even do a simple spreadsheet database. I thought any systems designer would be able to-do that.
Here is a big red flag for you to consider. This is Gregs Linkden link .linkedin.com/pub/greg-sundem/1b/b42/6ab Strange with all of the success with the Minnesota company – he does not mention it at all on his Linkedin? In fact other than the MedCare Finace reference, there is no mention of a Medical Industry background of any type! Why because he knows the Minnesota company will come down on him hard for making such claims.
This report was posted on Ripoff Report on 02/07/2014 01:25 PM and is a permanent record located here: http://www.ripoffreport.com/reports/greg-sundem/las-vegas-nevada-89149/greg-sundem-greg-sundem-is-a-fraud-and-liar-las-vegas-nevada-1121809. 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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