• Report: #456053
Complaint Review:

Ladco Leasing, Wholesale Merchant Processing

  • Submitted: Thu, May 28, 2009
  • Updated: Thu, May 28, 2009

  • Reported By:Hollywood Florida
Ladco Leasing, Wholesale Merchant Processing
555 St. Charles Dr., Ste. 200 Thousand Oaks, California U.S.A.

Ladco Leasing, Wholesale Merchant Processing Ladco Better Business Update, "F" Rating Thousand Oaks California

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Just go to www.santabarbara.bbb.org/BusinessReport.aspx?CompanyID=263100. Ladco Leasing gets an "F" rating. Definition of an "F" rating is as follows: "We strongly question the company's reliabilityfor reasons such as that they have failed to respond to complaints, their advertising is grossly misleading, they are not in compliance with the laws licencing or registration requirements, their complaints contain especially serious allegations, or the companys industry is known for its FRAUDELENT business practices". As many of you, I am a victim of the lies, deception, and possible fraudelent completion of paperwork tying me to this company. Contact the following Authorities: Office Of The Atty. General, Public Inquiry Unit, P.O. Box 944255, Sacramento, California, 94244-2550, and: Federal Trade Commission , Consumer Responce Center, 600 Pennsylvania Ave., Washington, DC, 20580. If you have been a victim of Fraud, Notify: Experian, Consumer Fraud Assistance, P.O.Box 9532, Allen, Texas, 75013. The FBI agent I spoke with was amazed at the extent of this SCAM, in over 28 states and counting.

Additionally, if you were a victim of deceptive practices by Ladco or it's affiliates, contact your local Police Department. In case you are new to how Ladco/WMP works, a sales rep will present a opportunity to do business with Ladco/WMP using lies,deception, and false promices. If the process stalls, there are strong allegations of fraudelent completion of applications. It all boils down to trapping you into paying $3500 to $6000 for a credit card processing machine that at most retails for $150 to $300. SCAM

Ladco/WMP Scam Victim
Hollywood, Florida

This report was posted on Ripoff Report on 05/28/2009 06:06 AM and is a permanent record located here: http://www.ripoffreport.com/reports/ladco-leasing-wholesale-merchant-processing/thousand-oaks-california-91360/ladco-leasing-wholesale-merchant-processing-ladco-better-business-update-f-rating-thou-456053. 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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