Legal Asset Financial Group LLC Collection agency

ComplaintsCollection AgenciesLegal Asset Financial Group LLC

Complaint

0
Michael
Country: United States
Legal Asset Financial Group LLC is an offshoot of Rincon Mangement Group LLC, et. al.  As you may recall, the "Rincon" collection cluster was run by Jason R. Begley and Wayne Lunsford, all of which were shut down pursuant to an FTC sting and TRO/PP back in October of 2011.  Two weeks after the raid on the Rincon cluster, Legal Asset Financial Group LLC was formed.  The corporate documents are mailed to 2401 Simon Circle, Corona, CA.. This address is the last known address for Samuel Alexis Marquez and Victor Hugo Marquez.  As many of you insiders already know, these two individuals were managers/senior collectors for the Rincon cluster.  Recent internet activity shows complaints are already trickling in about this company.  I need help getting a location on Legal Asset Financial Group LLC as I beleive that previously purchased debt from the Rincon cluster is now being collected through this entity in violation  of the FTC preliminary injunction. If anyone has information or complaints against Legal Asset Financial Group LLC, please post and I will do the follow up investigation.

Comments

  • 0
    Michael
    | 4 replies
    It looks as though information is starting to trickle in on Legal Asset Financial Group. Still, I have information that corporate documents for this entity were being sent to 2401 Simon Circle in Corona, the last known address for Alex Marquez and Victor Marquez.  I know that Victor was also spending alot of time with Fiona Chow out of her Arcadia address...but what I need is the actual address for Legal Asset, not the mail drop (which we are already aware of). BTW, Eric Papp is the attorney who prepared incorporating docs for Legal Asset Financial Group LLC, with an address that is also a mail drop.  Still, he is listed as the agent for service of process on this entity.  Also, any party looking to sue Legal Asset Financial Group now has an attorney and the name of two owners to go after. Anybody have info on an actual physical address? If so, please forward to diversifiedarb@aol.com
    • 0
      Plausible deniability, again.. replies to Michael
      | 2 replies
      Assuming Mr. Papp is in the incorporation  business, not the debt collection business, then in the above complaint they were just "blowing smoke", grabbing the name of the attorney who acted as agent for service of process, and passing him off as part of an implied threat.

      That would imply that the person on the phone would have at least known some of the details of incorporation, perhaps one of the Marquezes themselves.

      This sounds like a really small office.
      • 0
        From the CalBar licensing.. replies to Plausible deniability, again..
        | 1 reply
        , "495 E Rincon" appears to be a real address for the attorney.

        Law Offices Of Papp & LeMaster-Farrimond
        495 E Rincon St Ste 125
        Corona, CA 92879

        Then you must be referring to a mail drop for the agent on the incorporation docs.
        • 0
          Lets look back in Corona: replies to From the CalBar licensing..
          If they follow the old Corona pattern, then the mail drop is in the vicinity, not necessarily where they are physically located.  Mail drops are used as red herrings, but conveniently located.

          http://www.discovercorona.com/About-Corona/For-Businesses.aspx

          License Details for Legal Asset Financial Group, LLC  
          Name: Legal Asset Financial Group, LLC License No: 650941
          Issue Date: 11/22/2011 Expire Date: 10/31/2012
          Business Address:  355 N Sheridan St 115
          Corona, CA 92880  Start Date:  11/22/2011  
          Mailing Address:  2834 Hamner Ave 509
          Norco, CA 92860  Phone:  888-429-9857  
          Owner: Legal Asset Financial Group, LLC  
          Owner Type: Ltd Liability Co
          Description:  Consumer Collection Company  
          SIC:  7322001 (ADJUSTMENT AND COLLECTION SERVICES)  
          NAIC  561440 (Collection Agencies)  

          They are probably in Corona, or they wouldn't be paying for a business license there.

          Goggle gets hits on "355 N Sheridan St " connected to old "ARM" and "Pacific Management and Recovery" complaints.

          So is that their real address, or is it just in the records for some other reason?
    • 0
      Kelly replies to Michael
      I have been dealing with then with a debit that I'm not sure I owe. They said it was from 8 to 10 yr ago they said they were going to take me to court. So I have been letting them take 200.00 a month I have all ready paid them 850.00. I shut off my debit card. Cause I feel this is wrong. They still want  $246.00 more from me. I really don't think I owe this.
      Can you emai me with what you think at wizeowlkac@yahoo.com. Thank you.
  • 0
    another infowarrior
    | 1 reply
    When I get new Info, I intend to start documenting. Maybe even start a website or youtube page. Is it illiegal to tape their calls to you.
    • 0
      tj replies to another infowarrior
      It's your phone.  No problem taping them if you tell  them.  They keep talking, regardless of what they say, they've agreed to be recorded, just like if you called them and their opening message notified you.

      Real issue is what you want to accomplish.  Telling them you are recording is a good way to make most scammers hang up immediately.  For all their bluster, it's safer to be chicken.  If they keep calling and threatening, you have evidence.  Either way, it's your advantage.

      If they are making physical threats, or pretending to be law enforcement, like  claiming you will be "arrested" or demanding payment as they pretend to be "detectives" investigating you for "bank fraud", probably no problem either.  File a complaint for wire fraud and attempted extortion with your state AG, who could use your recording as evidence even if they couldn't have recorded it themselves.
  • 0
    Michael
    | 1 reply
    In addressing the previous post, it is not illegal to record collection agents calls if they are engaged in harrassing calls threating arrest, which would also constitute extortion.

    See California Penal Code, Section 633.5, states as follows,

    “633.5.  Nothing in Section 631, 632, 632.5, 632.6, or 632.7 prohibits one party to a confidential communication from recording the communication for the purpose of obtaining evidence reasonably believed to relate to the commission by another party to the communication of the crime of extortion, kidnapping, bribery, any felony involving violence against the person, or a violation of Section 653m. Nothing in Section 631, 632, 632.5, 632.6, or 632.7 renders any evidence so obtained inadmissible in a prosecution for extortion, kidnapping, bribery, any felony involving violence against the person, a violation of Section 653m, or any crime in connection therewith.”

    See also California Penal Code, Section 653m , re harassing calls threating arrest,

    “653m.  (a) Every person who, with intent to annoy, telephones or makes contact by means of an electronic communication device with another and addresses to or about the other person any obscene language or addresses to the other person any threat to inflict injury to the person or property of the person addressed or any member of his or her family, is guilty of a misdemeanor.
    • 0
      Nice to see.. replies to Michael
      it codified in the CA Penal Code.

      I was aware of an earlier CA Supreme Court decision to the same effect.
  • 0
    Anonymous
    | 2 replies
    I almost got scammed! Thank god for this post! The guy "Phillip" has been calling my work, relatives etc about this alleged case. I asked for verification of debt and verification that he has the right to collect and I haven't received either. Also called Eric Papp's office and the lady admitted to working with LAFG in some capacity but seemed worried about my call. I also filed a complaint with the FTC and it is currently under investigation.

    Who else should I contact? There isn't a lot of information out there and I want to help spread the word.
    • 0
      FIGHT THE LEGAL ASSET SCUM replies to Anonymous
      Thanks for posting-

      Always expose the tyranny
    • 0
      tj replies to Anonymous
      LAFG appears to be a Corona Scam spin-off, started weeks after FTC shut down the Corona Scam.
      See FTC v Rincon et al.

      Since they claim Mr. Papp represents them for purposes of debt collection, send both LAFG and Mr. Papp a dispute and validation letter, mailed certified.

      If after verifying receipt through the USPS website, you receive further calls, or further implied threats by Mr. Papp, contact an attorney to discuss suing for violations of FDCPA.
  • 0
    Michael
    | 2 replies
    Could you give me the number they called from? Also, what was thename of the lady at Eric Papp's office that you communicated with? What exactly did she say?
    • 0
      Anonymous replies to Michael
      | 1 reply
      8886815954 The lady at Eric Papp's office was Zina http://www.ca-nvlaw.com/our-team.html 

      I asked her repeatedly of she works with LAF and she admitted to working with them in some capacity. I told her what was going on and she didn't say much but "ok" over and over. She said she would speak to Eric and call me back but that obviously never happened. Ciuldnt get much info from her..
      • 0
        tj replies to Anonymous
        Ask her what city LAFG is located in, and what their physical address is.
        If she won't provide it, ask her if Mr. Papp is their agent for service of process.
  • 0
    LEGAL ASSET FINANCIAL
    2834 Hamner Ave #509, Norco, CA 92860

    Nothing but a mail drop

    Expose them
  • 0
    THE UNREAL ERIC PAPP
    | 1 reply
    Is Eric Papp working for Legal Asset Financial/Rincon?
    Does anybody know who this lawyer really is.

    Is it a phantom?

    He must be awfully busy with his name being thrown around like it is.

    E stands for the Republic of Debt Collections Alliance to Steal-LLC HA HA
    R stands for the R in Truth or the R in Verify the Truth
    I stands for the I in Lies
    C stands for the C in Scam

    P stands for Potty Mouth
    A stands for the A in Who Am I
    P stands for Poopie Face
    P stands for Pee Pee Head

    Help me out- create a better newer improved version of potty mouth
    • 0
      daddy replies to THE UNREAL ERIC PAPP
      that was such a poor effort....not clever at all ...absolutely horrible ! get a life , maybe a job to pay your debts

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