ED Magedson – Founder
LADCO LEASING COMPANY35008 Emarald Coast Parkway 4th floor Destin, Florida United States of America
In July 2007 a person came into our store offering credit card & check scan services.
We could scan checks thru the credit card machine,get all the information from the customer,name,address,phone# and if the check was bad,no money in their account,
Globel Telecom would credit the amount of the check to our bank account. They would charge $35.00 per monthly minimum fee,1.69% of each check &.03 transaction fee. Everthing worked fine for about a year then they would return just about every check sent, saying the couldn't read the name some other excuse.I called several times complaining. I was paying them more money per month thanall the total amount of the checks I received.I cancelled services.notified my bank, sent all the equiptment back to them. Now they are threatning to sue me for lease payments.This company is a total Ripoff.
This report was posted on Ripoff Report on 07/30/2010 01:48 PM and is a permanent record located here: http://www.ripoffreport.com/reports/ladco-leasing-company/destin-florida-32541/convenience-storesladco-leasing-companladco-leasing-company-globel-e-ee49dhtm-627746. 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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