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Report: #1184158

Complaint Review: Lease Finance Group LLC - New York New York

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  • Reported By: Mariselaramirez — Fresno California
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  • Lease Finance Group LLC 132 West 31 st. Street New York, New York USA

Lease Finance Group LLC I'm a bakery owner, they lied to me, there charching me for a service I never used. New York New York

*Consumer Comment: MISLED

*Consumer Comment: MISLED

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I told them I had a lease with someone ealse, he said that it was ok, that I could use the same machines, that just the proceser was gonna change,I started getting over drafted on my bank, they told me that I was paying two lease companies and two prossesing services, so they lied to me about that, they also promised that there lease was cheeper and they were charching me over 100.00 dollars a month and I'm other lease is 40.00 dollars a month,I called lease finance group and they did not let me cancel they said I had to pay, I send them a payment, and they got my bank imformation and with out my concent they started withdrawing money from my account they are now charching me the amount of 4700.00,I gave mr. Miguel Villanueva a payment of 1000.00 dollars on 9/15/14 to stop a law suit he said, he told me that they had took my case to court, but I didn't get any letters from court or anything notifing me what the judge said, they are saying that ther gonna get the money from my accounts,I seen all the claims againts lease finance group,please help me. Thank you.       Marisela R, Panaderia Cachanilla  Fresno ca. 93721 559-xxx-xxxx (((REDACTED)))

This report was posted on Ripoff Report on 10/21/2014 02:27 PM and is a permanent record located here: https://www.ripoffreport.com/reports/lease-finance-group-llc/new-york-new-york-10001/lease-finance-group-llc-im-a-bakery-owner-they-lied-to-me-there-charching-me-for-a-ser-1184158. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#2 Consumer Comment

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AUTHOR: Marilyn - ()

POSTED: Thursday, October 30, 2014

According to a press release dated April 23, 2012, The Attorney General Eric T. Schneiderman announced a lawsuit against a group of New York City-based business equipment leasing companies. Schneiderman alleges the New York City-based business fraudulently siphoned millions of dollars from their former customers, including mom-pop stores and other small businesses. Northern Leading Systems, Inc. and its affiliates, which lease credit card processing machines and other equipment, carried out a deceptive scheme to drain over $10 million in authorized debits from the bank accounts of over 100,000 former customers up to 11 years after their equipment leases had expired, ultimately retaining at least $3.5 million. To disguise the scheme, Northern Leasing and it's affiliates, Lease Finance Group LLC, MBF Leasing LLC, Golden Eagle Leasing LLC, and Lease Source-LSI, LLC, used a shell company, SKS Associates LLC, to deliberately mislead customers in an attempt to avoid any harm to Northern Leasing's business reputation. After receiving over 70 complaints from victims around the country Schneiderman alleges the customers bank accounts were charged automatically every month. The leases required customers to reimburse the companies for property taxes and related "administrative fees" Northern leasing claims it failed to collect some of these amounts form certain customers while their leases were still active. Schneiderman also alleges the company could not explain why it failed to collect the amount previously, nor could it show that the alleged amounts were actually owed. In fact, 77 percent of the amounts SKS sought to collect were not taxes at all but "administrative fees" The Attorney General's lawsuit seeks full restitution for the tens of thousands of former customers defrauded in the scheme, disgorgement of all profits, penalties, fees, and injunction relief prohibiting Northern Leasing and its affiliates from continuing to engage in these deceptive collection practices. Attorney General Schneiderman encourages victims or anyone with information about Northern Leasing and SKS's scheme to file a complaint with the Consumer Fraud and Protection Bureau. Victims may also call the Attorney General's Consumer Frauds hotline at (800) 771-7755. According to a press release dated April 23, 2012, The Attorney General Eric T. Schneiderman announced a lawsuit against a group of New York City-based business equipment leasing companies. Schneiderman alleges the New York City-based business fraudulently siphoned millions of dollars from their former customers, including mom-pop stores and other small businesses. Northern Leading Systems, Inc. and its affiliates, which lease credit card processing machines and other equipment, carried out a deceptive scheme to drain over $10 million in authorized debits from the bank accounts of over 100,000 former customers up to 11 years after their equipment leases had expired, ultimately retaining at least $3.5 million. To disguise the scheme, Northern Leasing and it's affiliates, Lease Finance Group LLC, MBF Leasing LLC, Golden Eagle Leasing LLC, and Lease Source-LSI, LLC, used a shell company, SKS Associates LLC, to deliberately mislead customers in an attempt to avoid any harm to Northern Leasing's business reputation. After receiving over 70 complaints from victims around the country Schneiderman alleges the customers bank accounts were charged automatically every month. The leases required customers to reimburse the companies for property taxes and related "administrative fees" Northern leasing claims it failed to collect some of these amounts form certain customers while their leases were still active. Schneiderman also alleges the company could not explain why it failed to collect the amount previously, nor could it show that the alleged amounts were actually owed. In fact, 77 percent of the amounts SKS sought to collect were not taxes at all but "administrative fees" The Attorney General's lawsuit seeks full restitution for the tens of thousands of former customers defrauded in the scheme, disgorgement of all profits, penalties, fees, and injunction relief prohibiting Northern Leasing and its affiliates from continuing to engage in these deceptive collection practices. Attorney General Schneiderman encourages victims or anyone with information about Northern Leasing and SKS's scheme to file a complaint with the Consumer Fraud and Protection Bureau. Victims may also call the Attorney General's Consumer Frauds hotline at (800) 771-7755. - See more at: http://www.bbb.org/chicago/business-reviews/leasing-service/lease-finance-group-in-chicago-il-27006448#sthash.bKKZFgDG.dpuf

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#1 Consumer Comment

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AUTHOR: Marilyn - ()

POSTED: Thursday, October 30, 2014

We are in the same boat. LFG/Payment systems lied to and swindled my 65 yr old mother and told her she could cancel at any time absolutely no problem or questions asked. We could not use the machine, it would not work for us at all. We sent the machine back immediately and never made one transaction through their machine. When we tried to cancel... low and behold no one would speak to us. We have been harrrassed and threatened. Now supposedly being sued! We are in the process now of filing a report with the New York Attorney General who just won a law suit against LFG. I suggest you do the same. 

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