New
LeaseComm News!
October 31st, 2003
We
just found microfinancial's hands in yet another cookie jar, ok,
make that TWO more!
I
guess if they can't make money by stealing it from their leasecomm
clients (because the FTC put a stop to that), they have to create
new ways to do it!
First
thing's first:
This
website for tes-edi.com shows how microfinancial MFI has a business
called Transaction Enabling Systems Good job leasecomm! I guess
the name means that they'ev found a new way to enable their bank
account to take money from someone elses.
It
gets better folks! We also found ties to this company Health-Watch.com
October 20th, 2003
Class action against
LeaseComm/Microfinancial MFI by it's investors!
Click here to read the press
release!
And yet another class
action suit!
Click here for the press release OR
Click here to download the complaint
(PDF)
And one more
class action announced today against Microfinancial.
Click here to read
LeaseComm/MFI Loses Big
to the FTC
USA
Today Covers the LeaseComm Story - click here
Associated
Press Story - click here
May 29th, 2003
HUGE 24 MILLION DOLLAR
SETTLEMENT WITH FTC
FROM LEASECOMM FOR FRAUD.
LEASECOMM MUST REMOVE JUDGEMENTS AGAINST CUSTOMERS.
click here for the full story
FTC Demands another $1MM
in Fines from Leasecomm/ Microfinancial
click here to read entire story
Infamous LeaseComm Employee
Quote-
"Anyone who signs this thing [referring to a copy of the Leasecomm
lease in her hand] must be an idiot." -Carol Salvo, VP Legal.
May 2003
LeaseComm, MFI Stock Quarterly Report...
And the numbers are dismal....
click here for the full story
May 2003
Want to see how LeaseComm really operates? Sure you do! Read what
we have uncovered, in their own words, how they plan to scam their
own clients!
click here for their presentation!
03-18-03
MicroFinancial/Leasecomm warns that NYSE may delist shares. click here for the story
02-03 - leasecomm forced
to close down their waltham office and move operations to their
woburn location...
the Daily Tribune likes
our site! doesn't like LeaseComm too much though. click here!
the Boston Herald slams
into LeaseComm! read it here!
10-11-02! (ill call it
black friday)
their CEO resigns, they cut workforce, their stock plunged 34% (was
already off more than 75%) and they say they are going to stop funding
leases read more here! this
is the day all of us victims have been waiting for!
News! LeaseComm stock
continues to plummet and the insiders continue to dump!!
We are here to help you
and with your help, we can help others! Perhaps we may not be able
to do anything legally (that remains to be seen) BUT there is no
doubt that the internet is a very powerful tool and at the very
least, we can get the word out to other people and help them prevent
getting ripped off and scammed by LeaseComm AKA LeaseScam AKA LeaseConn!
