ED Magedson – Founder
The Adjustment Bureau22212 Ventura Blvd. Suite 200 Woodland Hills, California U.S.A.
The Adjustment Bureau Ripoff Collector of invalid debts conspires with credit card merchant and lease company Woodland Hills California
You are sold a merchant account to accept credit cards. The merchant account company arranges for a lease on equipment. You are only informed of the third party lease when you are on the phone with the company to get the terminal online. You accept the lease with monthly payments. Within minutes of acceptance the service is cancelled. The lease company does not care about your service as they claim you have a lease only with them on equipment. The merchant account company and the lease company have knowledge of each other as they are in it together. When you try to resolve the problem neither company can be reached by phone, or certified or registered mail. They target companies who have had terminated merchant accounts. Then your supposed account goes to the collections company The Adjustment Bureau. harasses you for years trying to collect the supposed debt for a service not being provided. TAB acknoledges the scam but claims they have an enforceable contract. You have no equipment (in my case I returned it the lease company), and no service. Quite a scam! Steve san francisco, California
This report was posted on Ripoff Report on 05/18/2005 11:23 AM and is a permanent record located here: http://www.ripoffreport.com/reports/the-adjustment-bureau/woodland-hills-california-91730/the-adjustment-bureau-ripoff-collector-of-invalid-debts-conspires-with-credit-card-merchan-143195. 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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