ED Magedson – Founder
Jason Smith13547 Ventura Boulevard, Suite 550 Sherman Oaks, C Sherman Oaks, California United States of America
On or about June 22, 2010 I contracted in good faith with a Sherman Oaks, California based company named Master Financial of California Inc, DBA Master Financial 2000 to collect a court awarded judgment in the amount of $7605.00 from the Orange County Superior Court. Prior to proceeding to contract with the company and over a three week period I discussed numerous online complaints regarding the companys business practices with the company representatives, both Marcia Edwards-Smith, and Jason Smith assuring me that I would not encounter any of those specific issues of not receiving the judgment check at all, as well as not receiving it in a timely manner, and/or not receiving the correct amount or full amount. They both assured me that I would receive it immediately after they collected it and received it from the Orange County Sheriffs Department. Prior to signing the contract I requested that Master Financial complete a search for assets, specifically a bank deposit search, so that a bank levy would be done upon commencing the contract. I was notified by Jason Smith that an account had been found and assets were available. At that point on or about June 22, 2010 I signed a contract with Marcia Edwards-Smith allowing the company to collect on the Judgment in the amount of $7605.00, plus an additional $2500.00 in accrued interest for a total of $10,105.00. Mr. Jason Smith and I discussed the need to complete the bank levy prior to the end of the month, that being June 30th 2010. During the timeframe between June 22, 2010 and August 13, 2010, I communicated with Jason Smith approximately (1) once a week regarding status of payment to their company from the Sherriffs Department. I was told on or about June 30th that the funds had been collected by the Orange County Sherriffs Department and that the company was just waiting to receive payment from the department and would then process my payment check and send it to me. This correspondence verbally and through e-mail continued over the next five (5) weeks or so. On July 30, 2010 I again spoke with Marcia Edwards-Smith regarding the issuance of a check to me, who stated I should be receiving it soon. She then transferred the phone call over to Jason Smith who re-iterated again that they had not received the check from the Sheriffs department and as soon as they did they would prepare my check and send it out express mail, next day air. I contacted by phone Mr. Jason Smith on Friday August 13, 2010 in the late afternoon to again question the status and whereabouts of the check being sent to me. Mr. Smith proceeded to state he didnt know anything, but would contact the sheriffs department on my behalf, he also stated in the same breath that I could and should contact them myself to see where payment was. He then put me on hold, stated he called them and came back on the line and verbatim stated to me the Orange County Sherriffs Department states that the county auditor-controller is processing the payment check is backlogged, behind, fewer staff working and they cannot foresee processing and mailing it until after September 15, 2010. I questioned Mr. Jason smith regarding and he stated thats what they just told him, there is nothing he can do and that he would contact me after receiving it.
I then contacted said company on Wednesday, August 18, 2010 to inform them of the information that I had received and verified through the Orange County Sherriffs Department on August 16, 2010. I advised them that if I did not receive the judgment payment by the close of business on August 20, 2010 that I would have no other option but to pursue other avenues to obtain stated payment from them. This was done by phone, e-mail and two (2) certified demand letters, in which I received no response to the mailed demand letters as of this past Friday. I did receive a threatening e-mail response from Mr. Jason Smith, stating he would be sending the payment back to the Sherriffs Department to return to the Judgment debtor. I contacted the Sherriffs Department- Central Court Operations who stated they would not accept any money back from this company, since the money belonged to me the plaintiff, and that the company was bluffing, so that I would not continue in my efforts to receive the payment of the judgment from the company.
Master Financial of California, Inc DBA Master Financial 2000 contracted with me with the willful intent to defraud me of my judgment payment which they have had and kept for well over a month or so with no lawful intention of turning those monies over to me exclusive of our written contract and with full knowledge that the monies were recovered on my behalf from my Judgment recorded in Superior court, State of California, County of Orange.This company under the California Penal Code has deliberately committed Grand Theft Larcency and continues to under their ponzi scheme while circumventing the California Court System and the local Sheriff's Department throughout Southern California.
This report was posted on Ripoff Report on 03/25/2011 05:37 PM and is a permanent record located here: http://www.ripoffreport.com/reports/jason-smith/sherman-oaks-california-91423/jason-smith-master-financial-of-california-master-financial-2000-dba-master-financial-710310. 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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