This company provides cash advances to merchants with over 50 percent being charged as interest. They call it factoring, good semantics. Completely illegal operation. They take up a whole floor and from what I gathered speaking to a few of their salespeople, they are extremely unprofessional and treat their employees like garbage.
They have numerous complaints against them and have also facilitated over a hundred business owners in declaring bankruptcy and closing up shop. One Mr. Simon Lobonov said he's in charge (not even his real name). I even spoke to a Rusell Ehrens there who has been in trouble with scams before - Criminal Docket #CR-00-1248 (S-1), USAO #2000R02363. Anyone who gets contacted by them, please contact your state's Attorney General office and Better Business Bureau immediately.
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