Lease Finance Group CIT
Paying for machine never ordered or received ripoff

In December, I cancelled our company's checking account and opened a new one because there were charges that were showing up in the account through electronic withdrawal that no one could account for. Yesterday, my wife began receiving phone calls (eight in total) from eight different people from lease finance group — CIT.
Our company, a small retail business, began use of a credit card machine in May utilizing a credit card machine that we had purchased (from a retailer). According to the CIT representative we began a contract with them 10/1/04 that will run through 4/15/08.
The contract is in my name, with my home address and my home phone number.

At no point during the history of our business have I been responsible for credit card machine decision-making. Additionally, any transactions that I participated in utilized our companies business address and phone number.

I do not have any recollection of signing a contract with this or any other company in regards to leasing a credit card machine. Additionally, our company has never received a credit card machine. Additionally, I do not recall receiving any written correspondence from this company. Granted, I may have received mail from them, but because I have never heard of the company I may have assumed that it was junk mail and disposed of it.

The first time I'd ever even heard of this company was yesterday when I began receiving phone calls as my home residence from this company.

Following the fourth phone call from this company, I called their toll-free number (888-607-3607), and was informed that I was in the middle of a four-year contract with them. I requested that they fax me a copy of the contract. The representative stated that he could not do that because it was an "official document." I requested that he mail me a copy. He agreed to do so.

My wife received 4 phone calls following that phone conversation. Each phone call that she received was rude and intimidating. Usually, the phone conversation ended with the representative hanging up on my wife.
Review of my banking account since October reveals that this company has withdrawn greater than $1700. A majority of the transactions were $59.95 with an occasional transaction of $134.95.

I have reviewed some reports submitted on usacomplaints.com regarding this company's fraudulent ways. I have not seen anyone else stating that they entered into a "contract" unknowingly. I am interested in finding out if anyone has had similar experiences.

Of course, I am very eager to see a copy the contract that CIT representatives say that I have signed.
We have not made a decision at this point regarding what steps our company should take in this matter.

Company: Lease Finance Group CIT
Country: USA
State: New York
City: New York
Address: 132 W. 31st

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