ED Magedson – Founder
MBF Leasing LLC132 W 31st St. New York City, New York United States of America
A Sales Rep from Vericomm came into my small business and promised me that the credit card machines and services he had to offer would save me "bundles" of money. I liked the wireless machine he had; we travel around and needed that type of credit card machine. Before I agreed to anything I asked if I could get out of the contract if I had to close my business. He gave me a signed statement saying with a 30 day notice I could get out of the contract.
MBF Leasing LLC, who works with or is associated with Vericomm will not honor that signed release statement. I called all companies involved with the agreement and let them know I was closing my business. MBF said I still have to pay for the equipment.
They are still taking money from my bank even though I put a stop to the auto withdrawal. They use different $ amounts, from the original monthly payment and the bank doesn't stop the withdrawal.
I was also promised a monthly referral check to help pay for the leasing of the machinery, this never happened and neither did all the savings I was promised. Like all the others, I can no longer get in touch with that wonderful Sales Representative.
This report was posted on Ripoff Report on 01/01/2010 06:19 PM and is a permanent record located here: http://www.ripoffreport.com/reports/mbf-leasing-llc/new-york-city-new-york-10001/mbf-leasing-llc-scamming-small-businesses-money-continues-to-be-auto-withdrawn-from-ban-548535. 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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