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  • Report:  #217745

Complaint Review: NCO Financial - NCO Group - One Equity Partners - Michael J. Barrist

NCO Financial - NCO Group - One Equity Partners - Michael J. Barrist Just a name change! NOT a new company. BEWARE!! ripoff Horsham Pennsylvania

  • Reported By:
    Bradenton Florida
  • Submitted:
    Thu, October 26, 2006
  • Updated:
    Thu, October 26, 2006
  • NCO Financial - NCO Group - One Equity Partners - Michael J. Barrist
    507 Prudential Rd
    Horsham, Pennsylvania
    U.S.A.
  • Phone:
    215-441-3000
  • Category:

Well the deal is almost finalized with the "buyout" of NCO Group/NCO Financial by Michael J Barrist of One Equity Partners.

I smell a scam here. I think it just got too hot for NCO with all of the legal problems, lawsuits, and bad reputation so they are attempting a "fresh start".

DO NOT let them have one! These will be the same people,, engaging in the same illegal and unethical activity under a new name. Lets make sure they cannot escape their pattern of illegal and abusive activity. No fresh start for these bottomfeeders.

One Equity Partners is simply a new name for NCO Group / NCO Financial / NCO Portfolio Management.

Steve
Bradenton, Florida
U.S.A.

2 Updates & Rebuttals


Steve

Bradenton,
Florida,
U.S.A.

S.N., Thats exactly right! I wonder if the stockholders know?

#3Author of original report

Thu, October 26, 2006

I see this as a scam to defraud both the public and the stockholders, as well as future investors/partners/banks, etc.

They artificially inflate the value of the company by using the "face value" of these old uncollectable accounts.

I have done major battle with NCO twice, and have won both times, but the average victim will not put up the fight I did.

I will not rest until these punks are either in jail and/or out of business.


S.n.

Bucyrus,
Kansas,
U.S.A.

Steve Thanx For The Info

#3Consumer Suggestion

Thu, October 26, 2006

and do you think perhaps that is why NCO suddenly came up with all of these "delinquent AOL acounts" so they could sell them along with the rest of their files? Wouldn't that constitute something along the lines of fraud?

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