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It is important to understand when reading comments below that they are the opinions of the individual posters and may not be representative of the overall impression of all consumers that may have or have not used the debt relief services of this company. But everyone does deserve to have an opportunity to express their opinion, even the debt relief company itself, be it good, bad, or indifferent.
It’s scary, stressful and frustrating to repair your credit. But I can say that MSI holds your hand step by step. You are never alone. Their team is there to answer, guide and explain on what’s going on your credit. They never leave you in the dark. I felt like I had a whole team just ONLY working for me. Because of their great work. My credit was fixed. And I can happily scream to the world ” my dream came true”. I am a home owner of a beautiful home. The MSI Credit Solutions team did that for me on fixing my credit.
Thanks for the feedback.
are these the people who keep calling me from 678-916-8450?I don’t owe anyone anything they need to quit calling or I will report them
I been having great results with my credit .they are always contacting me by email and phone calls and asking me if I have any questions, and they explain what the process is at all time.
Yo recomiendo esta compañia me ha dado muy buenos resultados en in lapso d de seis meses.
Thank you Danny M for the kind words and thank you for doing your part. Without our clients doing their part the program will not be effective. Once again thank you for choosing MSI and congratulations on your husbands credit. Cant wait to get you enrolled so you can see the same results!
Respecfully,
Ricardo Mendiola
MSI Credit Solution did a GREAT JOB with my scores. I started off with mid 400’s now my scores are over 700’s!!!! The way I see it is if you do not follow their instructions, you will not see the results you want.WE HAVE TO DO OUR PART and MSI will do their part and you will see the results!!!!! I DID :)They answer my all my questions, educated me, and when I called they always return my calls back within 24hrs. THANK YOU MSI!!!! I will be sending alot of referrals.
See consumer complaint just posted at https://getoutofdebt.org/45532/msi-credit-solutions-consumer-complaint-9-20-2012
WOW!! It seems you have something against MSI. Like I said earlier we as a customer HAVE TO DO OUR PART.If we don’t we will not see the results we want. That is why MSI educate us on what to do so our scores will go up. If your scores don’t go up ITS YOUR OWN FAULT AND YOU NEED TO STOP BLAMING OTHERS. Its simple as that. THANK YOU MSI!!! I will keep referring customers to you.
Me? A consumer submitted the complaint, not me.
Now this sounds like Ricardo Mendiola’s writings. He is the co-owner and will lash out when the truth comes out.
What specific services did MSI provide you? Was it coaching or did they work on your account for you?
Sounds to much like an advertisement. I vote SCAM [X]
Nope that was not Ricardo, this is me now. That was prbably one of thousands of clients that we have helped out. We have never cheated anybody out of their money and never will.
Thank you Elizabeth for speaking up and saying the truth.
Kind Regards,
Ricardo
I started out in the low 500and the high 400s. I am now in
the high six hundred close to 700 score. It should be at 700 now as I have just
paid some accounts off. I am very satisfied with MSI credit solutions I
recommend this program to anyone that has any credit problems. My goal when I
first started with MSI is to get the the 700s and 750s. I have decided to
continue with their client for life process to help me reach my goal of 750+.
Oscar,
I’m curious why you and three other people all posted positive comments on this thread from the same computer someone from MSI posted a comment?
It makes positive comments look like plants and not to be believed.
Mr. Rhode,
Thank you for expressing your concerns to the recent
posts. As a company MSI has thousands of testimonials. Some are emailed to us,
some written in letters or thank you cards, as well as voice recordings of the
great work we do within our company. We ask our clients to go online and post
their experience on websites that mention our company. Please rest assured that
before we posted this information we have verbal and written authorization from
the clients. Why would you do this for the client you may ask? The reason is
that many clients have great experiences, and our clients mention “why can I not
tell you what to write and you do it for me. “ Being the company that we are, we
are always looking forward to assisting our clients from the beginning to end
from their initial contact to our company all the way to their completion of our
program ending with their testimonial. We find this website to be a good source
of input for consumers to review past clients experiences with our company.
MSI took my credit score of 595 and brought it up to 720. Their system works and I have no complaints. My questions were always answered and they canceled my subscription when they finished. It was painless and fruitful and i would recommend MSI to others.
I am currently a customer with MSI Credit Solutions. I have been with them for about a year now. The service has been great they keep me posted with the new updates so I’ll know what’s going on with my credit. They have boosted my credit score 350++ plus points that’s combining all three Trans Union, Equifax, and Experian. Great work on behalf of MSI Credit Solutions
Truth about both Ownwers of MSI Credit Solution. Robert Adam Neal & Ricardo Mendiola
MSI Credit Solutions fhaloanapproval.com MSI Credit Solutions : Owner a Convicted FELON. INDECENT EXPOSURE/FELONY and POSSESSION OF FICTITIOUS DRIVER’S LICENSE/FELONY Frisco, Texas
Do you feel comfortable enough to give your to give your personal information to a total stranger? What about giving your SS number to a FELON? NO? Well that’s just what you do when you fill out a form on fhaloanapproval.com or send or give the information to any one from MSI Credit Solution or have ant dealings with Tri-Source Investments. In fact Robert Adam Neal the co-Owner of the companies listed above and a few other companies not yet listed is a convicted FELON and his partner Ricardo Mendiola’s past isn’t squeaky clean either (I post about him next). After doing some background checking this is what I have found so far found. After reading this you may just be more careful with who you trust with your information.
Robert Adam Neal DOB: 12/30/1976
Alias
Adam Neal
Address History
Tulsa OK
Dallas TX
Frisco TX
School History
TCU
Business Finance
2000 – 2001
University of Oklahoma
Finance
1996 – 1999
Principal
MSI Credit Solutions
Privately Held; 51-200 employees; Financial Services industry
August 2006– Present (6 years) Dallas/Fort Worth Area
Principal
Tri-Source Investments
January 2001– Present (11 years 7 months)Dallas, TX
IN THE DISTRICT COURT IN AND FOR TULSA COUNTY, OKLAHOMA
STATE OF OKLAHOMA,
Plaintiff
v.
ROBERT ADAM NEAL,
Defendant.
No. CF-1996-4005
(Criminal Felony)
Filed: 09/05/1996
Closed: 03/19/1997
Judge: Hopper, Clifford E.
Parties
NEAL, ROBERT ADAM , Defendant
STATE OF OKLAHOMA , Plaintiff
Tulsa Police Department , ARRESTING AGENCY
Attorneys
Attorney
Represented Parties
Brunton, Paul D.(Bar # 1256)
610 S. MAIN ST., STE. 312
TULSA, 74119
NEAL, ROBERT ADAM
Counts
Parties appear only under the counts with which they were charged. For complete sentence information, see the court minute on the docket.
Count # 1.
Count as Filed: , INDECENT EXPOSURE/FELONY , in violation of 21 O.S. 1021
Date Of Offense: 08/31/1996
Party Name: Disposition Information:
Defendant: NEAL, ROBERT ADAM
Count # 2.
Count as Filed: , POSSESSION OF FICTITIOUS DRIVER’S LICENSE/FELONY , in violation of 47 O.S. 0006 0301 2D
Date Of Offense: 08/31/1996
Party Name: Disposition Information:
Defendant: NEAL, ROBERT ADAM
Count # 3.
Count as Filed: APRT, DRIVING WHILE UNDER THE INFLUENCE OF INTOXICATING LIQUOR/MISD , in violation of 47 O.S. 0011 0902
Date Of Offense: 08/31/1996
Party Name: Disposition Information:
Defendant: NEAL, ROBERT ADAM
He also has a DEFAULT JUDGEMENT, 08/03/2006. against him from Arvest bank in Oklahoma for BREACH OF AGREEMENT – CONTRACT
ARVEST BANK, FKA
ARVEST STATE BANK,
Plaintiff,
v.
ROBERT ADAM NEAL,
Defendant. No. CS-2006-3387
(Civil relief less than $10,000:BREACH OF AGREEMENT – CONTRACT)
Filed: 05/26/2006
Closed: 08/03/2006
Judge: Hass, Russell P.
Seems to me like everyone needs to stay clear of any AND all companies that involves ROBERT ADAM NEAL
More Court Records that can be viewed at: http://www1.odcr.com/
Results from the Oklahoma State Courts Network
For your convenience, these results are aggregated from sources outside of ODCR.com. We cannot promise that the information provided is completely reliable or accurate. You can run the same search on the OSCN.net website if you believe the information here is inaccurate.
More…
Tulsa
TR-1993-3742 04/06/1993
NEAL, ROBERT ADAM (Defendant)
STATE OF OKLAHOMA v. ROBERT ADAM NEAL
Tulsa
CF-1996-4005 09/05/1996
NEAL, ROBERT ADAM (Defendant)
STATE OF OKLAHOMA v. ROBERT ADAM NEAL
Tulsa
CJ-1996-5640 12/17/1996
NEAL, ROBERT ADAM (Plaintiff)
NEAL ROBERT ADAM VS STATE OF OKLAHOMA EX REL
Tulsa
CS-1993-3984 08/05/1993
NEAL, ROBERT ADAM (Defendant)
ROUNDTREE ERIN MICHELE VS NEAL ROBERT ADAM
Tulsa
ML-1999-161 01/28/1999
NEAL, ROBERT ADAM (Male Applicant)
IN RE: The Marriage of SWANN ASHLEY DAWN and NEAL ROBERT ADAM
Tulsa
CS-2006-3387 05/26/2006
NEAL, ROBERT ADAM (Defendant)
ARVEST BANK v. NEAL, ROBERT ADAM
Check OSCN.net for more results for Tulsa.
This was just in Tulsa Oklahoma I haven’t even started looking in Texas yet.Dallas County Criminal Background Search ServiceMENDIOLA RICARDO NAME TYPE Defendant
LN NAME DOB CASE/BOND CHARGE DISP
01 MENDIOLA RICARDO 040878 MB0114299 DWLS/SR DISM
02 MENDIOLA RICARDO 040878 MA0249372 DWLS/SR/ENH PGBC
03 MENDIOLA RICARDO 040878 MA0251019 DWLS/SR/ENH PGBC
04 MENDIOLA RICARDO 040878 F-0249926 FLEEING RECK JGSA
05 MENDIOLA RICARDO 040878 MC08A3311 FTA DISM
06 MENDIOLA RICARDO 040878 MC08A3309 SPD 75/55 DISM
07 MENDIOLA RICARDO 040879 MC08A3310 FTA DISM
MSI Credit Solution profile for Rey Salomon can bee seen at: http://activerain.com/rsalomonNow the truth about Rey SalomonMSI Credit Solutions fhaloanapproval.com *READ* PROOF MSI CREDIT SOLUTIONS IS A SCAM. Rey Salomon shady fraudulently raised $903,195 from 22 investors in connection with an unregistered securities offering Frisco , Texas
Before you do any business with MSI Credit Solutions you may want to think twice.
If Rey Salomon scammed 22 people for $903,195 then what will he do to you. Please take the warning and never trust anyone with your money or SS #.
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 20747 / September 25, 2008
Securities and Exchange Commission v. Rey Salomon, Jr. and Ellen H Development LLC, Civil Action No. 3:08-CV-1695 U.S.D.C./Northern District of Texas (Dallas Division) SEC Settles Securities Fraud Case With Rey Salomon, Jr. and Ellen H Development LLC
Today, the United States Securities and Exchange Commission (Commission) filed a civil action against Rey Salomon, Jr. and Ellen H Development LLC (EHD) alleging that they made material misrepresentations and omitted material facts regarding the use of investor funds in connection with the offer and sale of unregistered securities in an oil and gas drilling program. According to the complaint, the defendants violated the antifraud and registration provisions of the federal securities laws. The Commission also alleges that Salomon acted as an unregistered broker-dealer. Salomon and EHD have agreed to settle the charges against them, without admitting or denying the Commission’s allegations.
From at least March through September 2007, EHD, at Salomon’s direction, raised $903,195 from 22 investors through offers and sales of fractional interests in a “turnkey” oil and gas drilling program to be conducted in Denton County, Texas. The EHD offering was not registered with the Commission, and was not otherwise exempt from registration. In addition, the EHD offering documents included material misrepresentations and omitted material facts regarding the use of investor funds and the costs of the drilling program. Specifically, the offering documents stated that: (i) all investor funds would be used to drill two oil and gas wells; (ii) investor funds would not be used to pay the debts of EHD or Salomon; and (iii) the cost to drill the two wells was approximately $4.5 million. Contrary to the express terms of the offering documents, Salomon used at least $220,000 of investor money for his personal benefit, including the repayment of a loan made to EHD and Salomon to help capitalize EHD. EHD and Salomon also knew that the actual cost to drill the wells was more than $1 million less than the offering documents represented.
Specifically, the Commission alleges that Salomon and EHD violated Sections (a), 5(c), and 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act) and Rule 10b-5 thereunder. The commission further alleges that Salomon violated Section 15(a) of the Exchange Act. Salomon and EHD consented to judgments that permanently enjoin them from future violations of these provisions and hold them liable, jointly and severally, for disgorgement of $903,195 plus $81,809 of prejudgment interest, for a total of $985,004. Based on the defendants’ sworn financial statements and supporting documents, the judgments do not order Salomon and EHD to pay civil penalties and payment of $382,069 of disgorgement and pre-judgment interest was waived.
Rey Salomon, Jr., and Ellen H Development LLC
On September 25, 2008, the SEC filed a settled civil action against Rey Salomon, Jr. and Ellen H Development LLC (EHD) alleging that they fraudulently raised $903,195 from 22 investors in connection with an unregistered securities offering in an oil and gas drilling program. The SEC also alleged that Salomon acted as an unregistered broker-dealer.
Salomon and EHD agreed to settle the charges against them, without admitting or denying the allegations in the SEC’s complaint, by consenting to permanent injunctions. In addition, the defendants agreed to pay, jointly and severally, $903,195 in disgorgement and $81,809 in prejudgment interest, for a total of $985,004. Based on the defendants’ sworn financial statements and supporting documents, the judgments did not order Salomon and EHD to pay civil penalties and payment of $382,069 of disgorgement and pre-judgment interest was waived. Salomon also agreed to be barred from association with any broker or dealer, with the right to reapply after 5 years.
For more information about the SEC’s action, you can read Litigation Release
Nos. 20747 (Sept. 25, 2008) and 58679 (Sept. 29, 2008).
The Court appointed Wayne M. Secore as Special Master to submit a plan to distribution to the Court and, upon approval, to distribute funds to approved claimants. If you have questions or believe you may be able to participate in any distribution, you can contact Mr. Secore at:
Secore & Waller, L.L.P.
1222 Merit Drive, Suite 1350
Dallas, Texas 75251
Phone: (972) 776-0200
Email: wayne@secorewaller.com
SEC Complaint in this matter http://www.sec.gov/litigation/complaints/2008/comp20747.pdf
I have created a list of websites you may want to take a look at. Rey Salomon is on the BLACK LIST and has been listed as the one person you DO NOT want to do business with EVER. SEE BELOW
http://www.sec.gov/divisions/enforce/claims/reysalomon.htm
http://www.sec.gov/litigation/litreleases/2008/lr20747.htm
http://www.corporationwiki.com/Texas/Dallas/rey-salomon/37553137.aspx
http://www.sec.gov/Archives/edgar/vprr/07/9999999997-07-023978
http://www.formds.com/issuers/ellen-h-development-llc
http://capitalstrategies.biz/resources/black-list/
http://www.vippa.net/femagazine/Publication4.pdf
http://www.thehomeeconomist.com/component/alphacontent/?view=alphacontent&start=30
http://www.sec.gov/litigation/complaints/2008/comp20747.pdf
http://www.docstoc.com/docs/56371231/34-58679
http://www.ogj.com/articles/2008/10/sec-charges-north-texas-man-and-firm-with-violating-securities-laws.html
http://fpn.advisen.com/articles/article83710426-1052072421.html
http://www.sec.gov/news/digest/2008/dig093008.htm
If your still not sure if you want to do business with MSI then this may also help. Seems like Mr. Salomon can’t stay out of trouble.
LN AR DOB CASE/BOND CTCHARGE DISP
01 SALOMON REY CA 012076 MA9938133 ME UCW CLUB DISM
02 SALOMON REY CISNEROS 012076 MB0143002 MM FAIL ID FUG NO PGBC
03 SALOMON REY JRA 012076 F-9502012 FH ASSAULT NBIL
04 SALOMON REY JRA 012076 MB9619813 MM DWLS/SR DISM
05 SALOMON REY JR 012076 F-0039559 FW THEFT AGGREGAT PGBC
Read what is listed on his criminal record at http://www.dallascounty.org/criminalBackgroundSearch/
And thats not all! I have other employee’s/associates with criminal records.
The truth about MSI Owners
MSI Credit Solutions fhaloanapproval.com MSI Credit Solutions : Owner a Convicted FELON. INDECENT EXPOSURE/FELONY and POSSESSION OF FICTITIOUS DRIVER’S LICENSE/FELONY Frisco, Texas
Do you feel comfortable enough to give your to give your personal information to a total stranger? What about giving your SS number to a FELON? NO? Well that’s just what you do when you fill out a form on fhaloanapproval.com or send or give the information to any one from MSI Credit Solution or have ant dealings with Tri-Source Investments. In fact Robert Adam Neal the co-Owner of the companies listed above and a few other companies not yet listed is a convicted FELON and his partner Ricardo Mendiola’s past isn’t squeaky clean either (I will post about him next). After doing some background checking this is what I have found so far found. After reading this you may just be more careful with who you trust with your information.
Robert Adam Neal DOB: 12/30/1976
AliasAdam Neal
Address HistoryTulsa OK Dallas TX Frisco TX
School HistoryTCUBusiness Finance 2000 – 2001University of OklahomaFinance1996 – 1999
PrincipalMSI Credit SolutionsPrivately Held; 51-200 employees; Financial Services industryAugust 2006– Present (6 years) Dallas/Fort Worth Area
PrincipalTri-Source Investments January 2001– Present (11 years 7 months)Dallas, TX
IN THE DISTRICT COURT IN AND FOR TULSA COUNTY, OKLAHOMASTATE OF OKLAHOMA,
Plaintiffv.ROBERT ADAM NEAL,
Defendant. No. CF-1996-4005(Criminal Felony)
Filed: 09/05/1996Closed: 03/19/1997
Judge: Hopper, Clifford E.Parties NEAL, ROBERT ADAM , Defendant STATE OF OKLAHOMA , Plaintiff Tulsa Police Department , ARRESTING AGENCY
Attorneys AttorneyRepresented PartiesBrunton, Paul D.(Bar # 1256)610 S. MAIN ST., STE. 312TULSA, 74119
NEAL, ROBERT ADAMCounts Parties appear only under the counts with which they were charged. For complete sentence information, see the court minute on the docket.
Count # 1. Count as Filed: , INDECENT EXPOSURE/FELONY , in violation of 21 O.S. 1021 Date Of Offense: 08/31/1996
Party Name: Disposition Information:Defendant: NEAL, ROBERT ADAM
Count # 2. Count as Filed: , POSSESSION OF FICTITIOUS DRIVER’S LICENSE/FELONY , in violation of 47 O.S. 0006 0301 2DDate Of Offense: 08/31/1996Party Name: Disposition Information:Defendant: NEAL, ROBERT ADAM
Count # 3. Count as Filed: APRT, DRIVING WHILE UNDER THE INFLUENCE OF INTOXICATING LIQUOR/MISD , in violation of 47 O.S. 0011 0902Date Of Offense: 08/31/1996Party Name: Disposition Information:Defendant: NEAL, ROBERT ADAM
He also has a DEFAULT JUDGEMENT, 08/03/2006. against him from Arvest bank in Oklahoma for BREACH OF AGREEMENT – CONTRACTARVEST BANK, FKAARVEST STATE BANK,
Plaintiff,v.ROBERT ADAM NEAL,
Defendant. No. CS-2006-3387(Civil relief less than $10,000:BREACH OF AGREEMENT – CONTRACT)
Filed: 05/26/2006Closed: 08/03/2006
Judge: Hass, Russell P.
Seems to me like everyone needs to stay clear of any AND all companies that involves ROBERT ADAM NEALMore Court Records that can be viewed at: http://www1.odcr.com/
Results from the Oklahoma State Courts Network
For your convenience, these results are aggregated from sources outside of ODCR.com. We cannot promise that the information provided is completely reliable or accurate. You can run the same search on the OSCN.net website if you believe the information here is inaccurate.
More…
TulsaTR-1993-3742 04/06/1993
NEAL, ROBERT ADAM (Defendant)STATE OF OKLAHOMA v. ROBERT ADAM NEAL
TulsaCF-1996-4005 09/05/1996NEAL, ROBERT ADAM (Defendant)STATE OF OKLAHOMA v. ROBERT ADAM NEAL
TulsaCJ-1996-5640 12/17/1996NEAL, ROBERT ADAM (Plaintiff)NEAL ROBERT ADAM VS STATE OF OKLAHOMA EX REL
TulsaCS-1993-3984 08/05/1993NEAL, ROBERT ADAM (Defendant)ROUNDTREE ERIN MICHELE VS NEAL ROBERT ADAM
TulsaML-1999-161 01/28/1999NEAL, ROBERT ADAM (Male Applicant)
IN RE: The Marriage of SWANN ASHLEY DAWN and NEAL ROBERT ADAM
TulsaCS-2006-3387 05/26/2006NEAL, ROBERT ADAM (Defendant)ARVEST BANK v. NEAL, ROBERT ADAM
Check OSCN.net for more results for Tulsa.
This was just in Tulsa Oklahoma I haven’t even started looking in Texas yet.
Before you do any business with MSI Credit Solutions you may want to think twice.
If Rey Salomon scammed 22 people for $903,195 then what will he do to you. Please take the warning and never trust anyone with your money or SS #.
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 20747 / September 25, 2008
Securities and Exchange Commission v. Rey Salomon, Jr. and Ellen H Development LLC, Civil Action No. 3:08-CV-1695 U.S.D.C./Northern District of Texas (Dallas Division) SEC Settles Securities Fraud Case With Rey Salomon, Jr. and Ellen H Development LLC
Today, the United States Securities and Exchange Commission (Commission) filed a civil action against Rey Salomon, Jr. and Ellen H Development LLC (EHD) alleging that they made material misrepresentations and omitted material facts regarding the use of investor funds in connection with the offer and sale of unregistered securities in an oil and gas drilling program. According to the complaint, the defendants violated the antifraud and registration provisions of the federal securities laws. The Commission also alleges that Salomon acted as an unregistered broker-dealer. Salomon and EHD have agreed to settle the charges against them, without admitting or denying the Commission’s allegations.
From at least March through September 2007, EHD, at Salomon’s direction, raised $903,195 from 22 investors through offers and sales of fractional interests in a “turnkey” oil and gas drilling program to be conducted in Denton County, Texas. The EHD offering was not registered with the Commission, and was not otherwise exempt from registration. In addition, the EHD offering documents included material misrepresentations and omitted material facts regarding the use of investor funds and the costs of the drilling program. Specifically, the offering documents stated that: (i) all investor funds would be used to drill two oil and gas wells; (ii) investor funds would not be used to pay the debts of EHD or Salomon; and (iii) the cost to drill the two wells was approximately $4.5 million. Contrary to the express terms of the offering documents, Salomon used at least $220,000 of investor money for his personal benefit, including the repayment of a loan made to EHD and Salomon to help capitalize EHD. EHD and Salomon also knew that the actual cost to drill the wells was more than $1 million less than the offering documents represented.
Specifically, the Commission alleges that Salomon and EHD violated Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act) and Rule 10b-5 thereunder. The Commission further alleges that Salomon violated Section 15(a) of the Exchange Act. Salomon and EHD consented to judgments that permanently enjoin them from future violations of these provisions and hold them liable, jointly and severally, for disgorgement of $903,195 plus $81,809 of prejudgment interest, for a total of $985,004. Based on the defendants’ sworn financial statements and supporting documents, the judgments do not order Salomon and EHD to pay civil penalties and payment of $382,069 of disgorgement and pre-judgment interest was waived.
Rey Salomon, Jr., and Ellen H Development LLC On September 25, 2008, the SEC filed a settled civil action against Rey Salomon, Jr. and Ellen H Development LLC (EHD) alleging that they fraudulently raised $903,195 from 22 investors in connection with an unregistered securities offering in an oil and gas drilling program. The SEC also alleged that Salomon acted as an unregistered broker-dealer.
Salomon and EHD agreed to settle the charges against them, without admitting or denying the allegations in the SEC’s complaint, by consenting to permanent injunctions. In addition, the defendants agreed to pay, jointly and severally,
$903,195 in disgorgement and $81,809 in prejudgment interest, for a total of $985,004. Based on the defendants’ sworn financial statements and supporting documents, the judgments did not order Salomon and EHD to pay civil penaltieand payment of $382,069 of disgorgement and pre-judgment interest was waived.
Salomon also agreed to be barred from association with any broker or dealer, with the right to reapply after 5 years.
For more information about the SEC’s action, you can read Litigation Release
Nos. 20747 (Sept. 25, 2008) and 58679 (Sept. 29, 2008).
The Court appointed Wayne M. Secore as Special Master to submit a plan to distribution to the Court and, upon approval, to distribute funds to approved claimants. If you have questions or believe you may be able to participate in any distribution, you can contact Mr. Secore at: Secore & Waller, L.L.P.1222 Merit Drive, Suite 1350Dallas, Texas 75251Phone: (972) 776-0200Email: wayne@secorewaller.com
SEC Complaint in this matter http://www.sec.gov/litigation/complaints/2008/comp20747.pdf
I have created a list of websites you may want to take a look at. Rey Salomon is on the BLACK LIST and has been listed as the one person you DO NOT want to do business with EVER. SEE BELOW
http://www.sec.gov/divisions/enforce/claims/reysalomon.htmhttp://www.sec.gov/litigation/litreleases/2008/lr20747.htmhttp://www.corporationwiki.com/Texas/Dallas/rey-salomon/37553137.aspxhttp://www.sec.gov/Archives/edgar/vprr/07/9999999997-07-023978http://www.formds.com/issuers/ellen-h-development-llchttp://capitalstrategies.biz/resources/black-list/http://www.vippa.net/femagazine/Publication4.pdfhttp://www.thehomeeconomist.com/component/alphacontent/?view=alphacontent&start=30 http://www.sec.gov/litigation/complaints/2008/comp20747.pdfhttp://www.docstoc.com/docs/56371231/34-58679http://www.ogj.com/articles/2008/10/sec-charges-north-texas-man-and-firm-with-violating-securities-laws.html http://fpn.advisen.com/articles/article83710426-1052072421.htmlhttp://www.sec.gov/news/digest/2008/dig093008.htm
If your still not sure if you want to do business with MSI then this may also help. Seems like Mr. Salomon can’t stay out of trouble.
LN AR DOB CASE/BOND CTCHARGE DISP
01 SALOMON REY CA 012076 MA9938133 ME UCW CLUB DISM
02 SALOMON REY CISNEROS 012076 MB0143002 MM FAIL ID FUG NO PGBC
03 SALOMON REY JRA 012076 F-9502012 FH ASSAULT NBIL
04 SALOMON REY JRA 012076 MB9619813 MM DWLS/SR DISM
05 SALOMON REY JR 012076 F-0039559 FW THEFT AGGREGAT PGBC
Read what is listed on his criminal record at http://www.dallascounty.org/criminalBackgroundSearch/
MENDIOLA RICARDO NAME TYPE Defendant
LN NAME DOB CASE/BOND CHARGE DISP
01 MENDIOLA RICARDO 040878 MB0114299 DWLS/SR DISM
02 MENDIOLA RICARDO 040878 MA0249372 DWLS/SR/ENH PGBC
03 MENDIOLA RICARDO 040878 MA0251019 DWLS/SR/ENH PGBC
04 MENDIOLA RICARDO 040878 F-0249926 FLEEING RECK JGSA
05 MENDIOLA RICARDO 040878 MC08A3311 FTA DISM
06 MENDIOLA RICARDO 040878 MC08A3309 SPD 75/55 DISM
07 MENDIOLA RICARDO 040879 MC08A3310 FTA DISM
Records can be viewed at: http://www.dallascounty.org/criminalBackgroundSearch And thats not all! There are other employee’s/associates with criminal records,
SCAM —– SCAM — people “Nice comments “below must be employees. They play games and make statements about how and what they will do.. I paid the up front fee of 3600.00 (1800 per person) – I paid that 3600 all at once, to buy a home, and they tell you they will give it back to you when you buy thu them.. Guess what.. YOU will never purchase a month, they want you to pay the 100 aa month fee for the rest of your life I guess..Yes 3600 dollars, then they will charge you another 50 dollars a month per person.. Most married couples have two people so that’s 100 a month.. I was promised certain things and the such.. I got nothing, actually my credit scores went down during this time.. Some things came off.. But some where things that naturally dropped off and some were…So today 7/17/2012 – after a better part of a year I am trying to get my money back for both me and my wife.. At 1800 dollars each.. They say we raised your score at one place a few points and will try claiming all of that as something they did.. And some scores are completely the same.. They consider this a positive thing of their doing.. I will fight them until I get a refund.. With the money I have spent with MSI, I could have paid the bills and been happier.. Don’t use these guys.. More of a scam, with some “so called fancy” things.. During the start, they will be instantly ready to talk to you and “help” you.. But after they get your money, trying to get a hold of them is almost impossible without a wait of a week or more.. I score them at 1 or worst, for their “play” with you type games. And the money back guarantee.. That’s a lie, they find everything as I mentioned above to skate around doing crap for you.. And getting the money back.. You will never see that home you are trying to buy.. I was able to purchase two brand new vehicles, just as they started, NOW, I can’t even trade my 2011 in on a 2012, and my credit has gotten so bad.. When I have paid almost 10 grand off the truck alone.. AND THE KICKER is I’m using the same dealer and Toyota as the same people.. That is what the worst thing..Is I might as well just not pay anything and see if that will raise my scores, after I cancel MSI.. You are a fool if you use them..
If this firm charged $3,600 up front, for any reason having to do with improving your credit score, they violated the Credit Repair Organizations Act, which makes it illegal for any credit repair firm to charge prior to the service actually being performed. Complaints to the FTC, as well as your state’s Attorney General’s office (and whatever state the company is based in) would probably go a long way toward changing their tune about a refund.
Charles..
You are correct, I just found it, just as I read this email.. I have filed a complaint… section 404
EVERYONE needs to review the http://www.ftc.gov/os/statutes/croa/croa.shtm
see section 404…..
See what other are saying and fill out a report to help others.
http://www.ripoffreport.com/Search/msi%20credit.aspx
I already have and you can review my story and replys to mail on there and counter his replies and shoot holes in is company rules.. he violated federal law under croa but he claims he raised my score by a 100 practice and my wife’s by 58 pT’s.. I checked all three scores last night.. they are in the low 600’s So he lies and lies… the rise in scores was the first complaint, which Is now the second thing, I’m pushing the ftc law Where credit repair places can take and monies up front at sell…
First of all we dont charge upfront fees we follow CROA. Second Mr. Allen didnt do his part. What do you think happens if you hire a credit restoration company and you are still getting new derogatory items on your report? I am actually surprised that Mr. Allen increased 100 points and Mrs Allen increased 58 even though they got new derogatory information on their credit.
Let me put it this way. I dont care if you get the best personal trainer in the world if you dont do your part you are not going to lose weight. What would happen if your trainer is busting his butt training you and you are eating pizza, drinking softdrinks and not getting enough rest?? Do you really think you will get results? Will it be the trainers fault?
We are not going to waste anymore energy on this matter. Mr Allen needs to start holding himself accountable and STOP blaming others!
Well your thing about the trainer and fat people.. IS VERY true.. But exact how would you know you raised my scores the 100 pts.. At that point I would have been way of 700 points.. How would you know this ?? Since you cant pull a credit score?? if you had seen that then we both would be here today.. AS for the people that say they got a bought and msi worked for them.. I would have to say your were either already over the requirement and was informed that you needed credit repair OR you are not a actual customer but more like an employee and are trying to help MSI reputation, so you still have a JOB.. OR it’s Mr. Medoila.. Why would any one that has purchased or had great things done by MSI and they are in homes.. WHy would they be looking on-line, for complaints about MSI. They would be busy doing things in their new homes, sounds a little funny doesnt it?.
I pulled all three scores last night, they all show just about the same.. But they were still the same.. and things like what someone replied to this thread, stated they had screwed up the scores and lowered them also, and they again took money from them to start..
Also if that was the thuth, I would have to ask, when we droped 3750 dollars and another 100 per month. We have paided you company about 5 grand and your going to say I had to do work.. I gave you 5 grand I shouldnt have to do anything, you were well paid for nothing..
AS to the pts. LOL LOL LOL prove this point I want to see what fairy tell this is..
*** So the next time I call a tow truck, I should hook up the cables and hoist my vehicle up, all while the driver sits in the truck and waits on me, then hand the guy the money, for the work he didnt do.. OH wait I guess it;s gas money Im paying for, since the distance the truck traveled was 5 miles away.. But it cost a 100 dollars in gas ?? IS that how yoiu would spin it… MR. mediola you seem to be 100% mentally unstable. in your mind I cant really understand stand ???????????????????????????????????????????????????????????????????????????????????????????????????????????????
The main fact at this time is the money you took from us just to start. YOu will hvae to explain what the 3700+ dollars was for.. ANd why you charge diiferant rates per person, since in the other websites people are telling their stories about there issues about MSI credit solutions..
All in all, you took the money up front, I can prove my case via bank records which have been send to the goverment agencies that requested it and other stuff LIKE your emails.
IN the simplest terms, we were able to purchase two brand new vehicles at 0% interest and months later after giving your guys (MSI CREDIT SOLUTIONS) 9 months, we can even go back to the same dealer using thee same fininace company make the saame purchase.. My wife was promoted and during this time frame got a rougly 20,000+ increase in her pay this was also reported.. Seem really funny, and all of his statments are to.. Look straight at them and not my stories but others, which state the same issues and the same problems.. Also the replies how MSI fixed there credit and the SUCH.. Why are they looking online for a credit repair place they were so happy with to start with. That should automaticcly raise BIG red flags like the commmuist flags in russia and china..
thanks I might as well use my full name and address now, thank MR. Medoila, you show how good your customers privacy is handled.. Everyone already knows my first and last name from you.., and my email address.. I havent done alot of reading of every reply you have given which is not the same.. I have had the same two issues with MSI, money taken at the start, and then failure to fix my credit.. Mr. Medoila has a new story, everytime he makes a reply to threads posted.
Can you say grapping at everthing as he falls, I know if I were falling from the top of a tree or building I would grap everything I could.. Since the fall wont kill you the sudden stop is the real issue……..
Ouch. That response from MSI Credit Solutions is the wrong approach to resolving consumer issues. May I humbly suggest you take a look at How to Handle a Consumer Complaint Like a Pro And Come Out Smelling Like a Rose
This was my experience too…!!!!
I just wanted to thank MSI for getting me into
my home, I have had bad credit for over 9 years and MSI got my credit
fixed in just 3 months improving my score from a 513 to a 648. Now my
son and I have a place to call our own!!! Thank you so much!!!
Thanks to MSI my family was able to purchase our
dream home this year. I went from a 600 score to a 714 in less than 90
days due to the hard work of the MSI, MSI even
went the extra mile to work with my loan officer and mortgage company to
provide them with necessary document to close my home loan. I can’t say
enough about the professionalism, and attention to detail MSI gave to
my case. I would give anyone who has bumps and bruises on their credit
score the MSI referral. Thanks!!! Worth every penny!
MSI worked for me! I loved the fact that they told me exactly what I needed to do. I had no idea that I didnt have any postive open accounts to build my credit. I feel like I understand so much more about credit now.
The program took 6 months but that is exactly how long they said it could take. I would recommend MSI to anyone that needs help with their credit!!
Thanks MSI!
Most credit reports and the consolidated credit report I recommend to people contains the directions and information to dispute incorrect items for free.
MSI solutions did delete three collection accounts off of my record, although it was not something I could not have done by myself if I really knew how the system worked at the time. I had just initiated a divorce and I was in an “improve myself attitude” and thought it would be great if something could be done for me, with minimal effort from myself.
This company is not a true scam but what their real goal is, is to waste time, of course! You can’t make money if you take care of business in one month. Especially if you charge($900.00 retainer) plus $70.00 a month. Why not just dispute 1 or 2 accounts per month so you can get more fees. This is an understandable business move, BUT!—-you aren’t told the details of their process. If you do it yourself, you will dispute all delinquent account in one letter and do in 40 days what MSI does in 6 months. How do you do it yourself?
Check out https://www.selectidtheftprotection.com. You can print out dispute forms, fill them out, and mail them. They are investigated by the companies that actually geather and report information for the three credit bureaus and tell them what to report on you. It worked for me and I’ve had more collection accounts deleted in 45 days than I did in 6 months with MSI. Also, communication with MSI was almost like talking to a creditor. The agent I was working with quit all of the sudden and I was left with a bunch of kids at client services whom seemed to just want me off their backs. This company does help but way too slowly and not worth the money. You can do more yourself.
Good luck to everybody, it can be done!
Most credit reports and the consolidated credit report I recommend to people contains the directions and information to dispute incorrect items for free.
MSI solutions did delete three collection accounts off of my record, although it was not something I could not have done by myself if I really knew how the system worked at the time. I had just initiated a divorce and I was in an “improve myself attitude” and thought it would be great if something could be done for me, with minimal effort from myself.
This company is not a true scam but what their real goal is, is to waste time, of course! You can’t make money if you take care of business in one month. Especially if you charge($900.00 retainer) plus $70.00 a month. Why not just dispute 1 or 2 accounts per month so you can get more fees. This is an understandable business move, BUT!—-you aren’t told the details of their process. If you do it yourself, you will dispute all delinquent account in one letter and do in 40 days what MSI does in 6 months. How do you do it yourself?
Check out https://www.selectidtheftprote…. You can print out dispute forms, fill them out, and mail them. They are investigated by the companies that actually geather and report information for the three credit bureaus and tell them what to report on you. It worked for me and I’ve had more collection accounts deleted in 45 days than I did in 6 months with MSI. Also, communication with MSI was almost like talking to a creditor. The agent I was working with quit all of the sudden and I was left with a bunch of kids at client services whom seemed to just want me off their backs. This company does help but way too slowly and not worth the money. You can do more yourself.
Good luck to everybody, it can be done!
MSI Worked for me. Took 5 months, but got my house.
MSI Worked for me. Took 5 months, but got my house.