Date This Problem Happened: November 7, 2011 State You Live in: Mississippi Race/Ethnicity: White Age Range: 36-50 Total Amount of Fee Paid: $948 Company Name: Cornerstone State Financial Company Address: 1 Penn Plaza New York, NY 10119 Company Telephone Number: 888-643-4749 Website of Company: Cornerstone State.com Consumer Statement: Never received the money. Consumer Action Taken: …
Earlier this month it was announced that John Voloshin was arrested for operating multiple alleged fraud schemes. According to allegations in court documents and statements made in court, Voloshin has represented himself to be in the business of real estate development. In approximately 2006, Voloshin asked an individual to loan him $500,000. Voloshin indicated that …
A reader brought to my attention a class action suit filed in Georgia and now moved to Federal Court. The case is Guzman v. The Consumer Law Group, American Credit Counselors, and Michael Metzner. The complaint is another in a series of complaints we’ve seen where a debt relief company is accused of violating the …
The State of Wisconsin is NOT a place to sell debt relief services if you are not licensed by the State of Wisconsin, Department of Financial Institutions, Division of Banking. In the past week the division has gone after Everest Debt Solutions, FDN Solutions, Next Step Resolution, NCD, National Center of Debt, and Asset Retention …
“Dear Steve, I am really at the end of my wit at this point. I have had creditors and debt collection companies call and harass me for months on end and recently the phone calls died down. My fear now is that I am being, or will be, legally served with papers… which I wish …
In the mid-2000s Clarence Allen Rice, owner of C & J Leasing Corporation, ran a complex, multimillion dollar wire fraud scheme to which he was just sentenced to a term of 70 months in prison for earlier this month. Trial and sentencing evidence showed that Rice suffered over $800,000 in day trading losses in the …
Three New York residents were charged last week with an indictment charging them with conspiracy, bank fraud and identity theft offenses related to an alleged participation in an ATM “skimming” scheme across southern New England. Gabriela Graham and two citizens of Turkey, Mehmet Aydin and Ahmet Cilek, were each charged with one count of conspiracy …
Former owner and president of Allied Heath Care Services, Charles Schwartz, was sentenced last week to 195 months in prison (16.25 years) for organizing and executing a $135 million phony lease scheme that losses of more than $80 million and victimized over 50 financial institutions. In April Schwartz pleaded guilty to one count of mail …
“Dear Steve, I am at the end of my rope Steve. My finaces are out of the roof. Payday loans have once again become a part of my vocabulary, where I once promised myself I would never do it again, becuase of previous payday loan trouble. So I am back into the trap where I …
CEO and founder of alleged real estate investment firm Home Start America (HSA), Michael Kaufman, was sentenced to 50 months in prison last week for his role in a long-running, large scale wire fraud conspiracy with loan officer David Wynn. According to documents filed and statements made in court: Kaufman founded HSA in Bloomfield, New …