Capital Financial ripoff swindled me in a very efficient manner They called told me exactly what I wanted to hear got my bank info and took my only $200 Largo Florida *EDitor's Suggestions on how to get your money back into your bank account!

On 6/16/06 (notice the trio of sixes), I recieved an unsolicited phone call from a representative of a company named Capital Financial. I was told I was eligible to receive a credit card loaded with $2000. I asked if this was a real credit card if I could use it anywhere and extract money from ATM machines.

When the phone rep told me that I could, I gave them my banking info. HUGE MISTAKE!

All I had to do was agree to let them take $200 from my checking account (he told me that this money would come back to me in the form of vouchers). Being a poor graduate student, I jumped at the chance.

On 6/20, they took $200 from my bank account. I called their customer service number to find out when my card would arrive, and the phone rep told me that this card was only good toward their catalog.

I told her what the phone rep told me, and she said, "We have you on on recording, saying that you agreed to the deal!" This is when I was sure this company was foul, because she had a way of putting me on the defensive. She asked if I would like to cancel my account and I told her to please cancel it. Then, I asked to hear the recording, and she told me that someone would call me back to allow me to hear the recording. Needless to say, nobody ever called me back.

So, I wrote a letter on 7/11 to their consumer affairs dept. They responded with a letter that stated: "...we find that neither Capital Financial Inc. nor any of its agents made any errors or misrepresentations to you pertaining to your request to be processed...at this time we find that no refund is due."

When I did recieve their catalog, I realized how horrible this company was. Capital Financial sells USELESS JUNK! I tried to access their website, but it is nonexistent. I've been scammed, just like everyone else who does business with Capital Financial. Now, I am flat broke and really frustrated.

Plus, I hear that they might start taking MORE money from my account. Now, I might have to close out my account because of these jerks!

If anyone would like to start up a class action suit, I am so in!



Mario
Chicago, Illinois
U.S.A.

EDitor's Suggestions on how to get your money back!

HERE IS WHAT RIP-OFF REPORT SUGGESTS YOU DO:

Go to your bank within 60 days of the charge, or as soon as you know about the charge, don't delay, and tell them that there has been fraudulent activity within your account. Explain that you wish to file a dispute, and demand that they assist you in accordance with Federal Regulation E.

According to the majority of victims interviewed by Rip-off Report, those who immediately called their banks to dispute the charges did not get very far. Many victims got the following responses from their banks: we could not do anything for you or you waited too long; it has been more than 60 days.

If the bank is says that you have waited too long, explain to them how you called their 800 number as soon as the charges were found, and were told by the bank that nothing could be done. Remind the bank that they failed to assist you properly at the 800 #, and instead, provided you with an inadequate explanation of your right to dispute. Tell the bank that it's their fault time has expired, and since they gave you the wrong info to begin with, they will just have to deal with it, take the loss and reverse the charges.

Tell them the truth; this was unauthorized and your account was NOT to be charged! Keep emphasizing how you never authorized anything! Direct them to the hundreds of victims reports that were filed on Rip-off Report.com. And if you're at the bank, walk them over to their computer and make them go to this site! If you are on the phone with them, tell them you will wait while they access this site! Either way, be persistent!

DO NOT TAKE NO FOR AN ANSWER!

Let them know nicely, that you were advised to Report them (the Bank) and this situation to the Banking Commission in your state. Since each state has a different name for the agency/controller over banks, find that name before you call or get to the bank so you can throw it in their face. The more knowledgeable you appear to be, the further you will get.

And just continue to demand the Federal Regulation E form! The bank CAN, MUST and WILL reverse the charge! But, you must be persistent; ask to speak to the supervisor or the area manager for all the branches in the state.

Let the bank personnel know you are meeting with the media later in the day, that you would much rather they do the right thing (as most other banks have) by looking at the complaints and immediately reversing the charge(s) to your account; no matter how long ago it was. Be sure to call the Media if necessary so you are telling the truth.

If you have to, be loud (but nice) in front of other customers. If you are just calling by phone, the above tactics should still work. The bank can easily fax or mail to you the Federal Regulation E dispute form.

CHARGES TO YOUR CREDIT CARD

If the charge was to your credit card (not debit card, check card, or checking account), contact the credit card company as soon as possible to request a dispute form. Consumers usually have a little longer to dispute fraudulent credit card charges (up to 6 months), but it is better to act right away. In this type of situation, credit card disputes are usually successful since fraudulent companies often won't contest the disputed charge. In rare cases, credit card companies will review disputes, but refuse to reverse the charges. If this occurs, complain to a manager and let them know you will be filing a report here.

Remember Don't let them get away with it! Make sure they make the Rip-off Report .. The more Reports filed on a Company or individual, the more likely it is that the authorities, media and attorneys will want to take action.

And good luck Let us know how you do!

ED Magedson Founder, Rip-off Report.com & Author of www.ripoffrevenge.com
EDitor@RipoffReport.com
badbusinessbureau.com
www.ripoffreport.com

Don't let them get away with it.
Make sure they make the Rip-off Report!

We are not lawyers.
We are not a collection agency.

We are Consumer Advocates.
...the victims' advocate

WE are Civil and Human Rights Activists

We are a Worldwide Consumer Reporting News Agency
...by consumers, for consumers

CLICK HERE to read about Credit Card Scams... find out how to get your money back. *Rip-off Report Investigation provides valuable information.