I recently found out through another merchant / friend of mine who had a similar experience, that James Peterson was having his merchants sign ACH letters for "software updates" that he said were necessary for my machine to keep running. I remembered signing one of these for him back in and only recently found out that the whole thing was nothing but a scam on Jim's part to get some extra money from my account.
I have left several messages for him, and he will not call me back. The form I signed said "BPS Worldwide" at the top, and luckily, I still had a copy in my file.
Also through my checking on this and other sites about him, I found out that he was in Prison at one point for a year for fraud against others merchants and was banned from doing busniss in both Chicago, where he is from, and in San Diego, where he took a lot of people's money.
I know I will never see the money again, and I plan to get away form Jim Peterson and his business as fast and as far as I can.
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