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  • Report:  #1005151

Complaint Review: 90210 Investment Group - Beverly Hills California

Reported By:
Attorney - Los Angeles, California, United States of America
Submitted:
Updated:

90210 Investment Group
9107 Wilshire Blvd. Suite #450 Beverly Hills CA Beverly Hills, 90210 California, United States of America
Phone:
(888) 92-90210 Toll-Free
Web:
www.90210investmentgroup.com and www.southwestinvestmentfirm.com
Categories:
Tell us has your experience with this business or person been good? What's this?
I advertised my vehicle for lease assumption on www.Swapalease.com and soon afterward I was contacted by 90210 Investment Group offering to illegally sublease my vehicle in violation of California Penal Code Section 571 Unlawful Subleasing by allowing a Buyer/User to use my vehicle still under my name and credit with the lessor/mortgagor/bank and make payments that are supposedly guaranteed by 90210 Investment Group.

A business search shows 90210 Investment Group is not a licensed, bonded nor insured business whose domain name was just recently registered in March of 2012 despite the claim that they have been in business for over 10 years.

Here is 90210 Investment Group's Scam Email which is a fraudulent attempt to illegally sublease my vehicle without gaining the approval of the lessor/mortgagor/bank.

90210 Investment Group arranges the illegal sublease and charges their subprime Buyer/User with no or bad credit a large downpayment.  As expected most of their Buyer/Users are drug dealers, gypsy/roma, strippers, prostitutes or worst car thieves who will ship your car overseas.  In any case you will at the minimum destroy your credit due to late payments and the fact that there is no payment guarantee and be in breach of your lease agreement and at the worst either have your vehicle destroyed or stolen by the degenerate Buyer/Users.

DO NOT DO BUSINESS WITH THIS SCAM ILLEGAL SUBLEASING ENTERPRISE.  THEY DO NOT HAVE ANY PHYSICAL OFFICES AND JUST RECEIVE MAIL AT THEIR SO-CALLED "OFFICES" LOCATED IN HIGH-END COMMERCIAL BUILDINGS.

90210 Investment Group is also listed as a known scammer on www.swapaleasescam.com.


7 Updates & Rebuttals

Voiced Owner

United States of America
Current Client and have no issues!

#2Consumer Comment

Wed, February 27, 2013

I was notified by 90210 about this crap and this is ridiculous. These posts are crude and offensive. I'm not even African American and I'm offended. 

I am a current client now for 7 months, no issues to report, 90210 has always gotten back to me. You take the good with the bad. 

One comment to the office space, who ever owns the whole building? Most people rent office space, so why is that a bad thing? Who cares. I don't care if this company is working from home as long as my payments are made every month. Guess you are entitled to your opinion, but again the overall picture of my experience has been great!

Good luck!


Silent Owner

United States of America
Do not work with 90210

#3Consumer Comment

Sun, February 24, 2013

I am still under contract with this company but had only bad experiences with this company 90210 investment group. One excuse after another, bad on calling me back on issues, and resolving the open issues. Their office is not owned but what you call renting office space as just a place to look like they are established. Do not use their services!!'


Attorney

United States of America
*UPDATE* "Attorneysince2005" Must be a 90210 Investment Group Cohort and Fellow Porch Monkey!

#4Author of original report

Fri, February 08, 2013

"Attorneysince2005" must have obtained his/her law degree from their online or bottom tier law school and finally passed the BAR Exam after their 10th try so I understand his/her difficulty in understanding that what 90210 Investment Group is doing is ILLEGALLY SUBLEASING vehicles through their fraudulent use agreements.  Yes you can sublease commercial real estate but the CA Legislature specifically passed PC 571 to stop illegal subleasing of vehicles.  I urge porch monkey "Attorneysince2005" to re-read the statue and have a genuine Attorney review 90210 Investment Group's proposed use agreement to explain to him/her why what they are doing is illegal.

RACIAL SLURS ASIDE, 
ANYONE STUPID ENOUGH TO EVEN CONSIDER ILLEGALLY SUBLEASING THEIR CARS TO THE PORCH MONKEY NI**ERS AT 90210 INVESTMENT GROUP SHOULD DO THE FOLLOWING (EVEN A STUPID NI**ER PORCH MONKEY CAN DO THIS):


1) ASK 90210 INVESTMENT GROUP TO SHOW THEIR CA DMV DEALER'S BUSINESS LICENSE;

2)  ASK 90210 INVESTMENT GROUP TO SHOW THEIR CITY BUSINESS LICENSE;

3) ASK 90210 INVESTMENT GROUP TO SHOW THEIR BONDING/INSURANCE CERTIFICATION;

4)  MOST IMPORTANTLY: CALL YOUR LEASING COMPANY AND NOT ONLY ASK THEM IF WHAT 90210
IS PROPOSING IS ALLOWED AND FORWARD TO THEM ALL CORRESPONDENCE, AGREEMENTS
AND CONTRACTS RECEIVED FROM 90210 INVESTMENT GROUP.

NOT ONLY WILL YOUR LEASING COMPANY TELL YOU THAT WHAT 90210 INVESTMENT GROUP IS OFFERING YOU IS IN VIOLATION OF YOUR LEASE AGREEMENT AND THEREFORE YOU WILL BE IN BREACH, BUT IT IS ALSO ILLEGAL.  

*BOTTOMLINE FACT IS A BUYER OR LESSEE NEEDS TO QUALIFY WITH THEIR CREDIT TO ASSUME YOUR LEASE THROUGH YOUR LEASING COMPANY ONLY*  ANYTHING ELSE IS AN ILLEGAL SUBLEASE.

90210 INVESTMENT GROUP.  SCAMMERS.  NI**ERS.  PORCH MONKEYS.  ILLEGAL SUBLEASING.


ATTORNEYSINCE2005

California,
United States of America
What the heck? You have got some major anger racial issues....

#5Consumer Comment

Thu, February 07, 2013

As I am sure everyone will see after reading your reports, they have no validity. You are making some major racial offensive statements. Apparently you are racist or something. Calm down. I do not work for 90210 and I'm not going to post anymore because nothing will get through to you. Just because you use ***** doesn't make it right to say the N word, or call an African American a monkey. Posting pics again shows you definitely have a screw loose and are a representative of Swap a lease. Still shocked by your latest post. How can you justify anything by talking like that? Don't bother answering. You keep proving your lack of content when you write in such vulgarity! 


Attorney

United States of America
*90210 INVESTMENT GROUP IS A SCAM RUN BY DEGENERATE MONKEY ***WHO ILLEGALLY SUBLEASE CARS*

#6Author of original report

Thu, February 07, 2013

The preceding rebuttal was obviously written by someone working for or associated with 90210 Investment Group and is false, fraudulent and foolishly written in a further attempt to scam owners into subleasing their cars.

*THEY ARE A GROUP OF SHADY CRIMINAL ******* WITH BAD CREDIT WHO WANT TO STEAL YOUR CAR*

See www.swapaleasescam.com and Google "illegal subleasing".  Call Swapalease for the full details on 90210 Investment Group's illegal subleasing enterprise (http://www.swapaleasescam.com/scammer.aspx?id=73). DON'T BE A VICTIM TO THEIR SCAM AND MUMBO JUMBO BACK TALK.  ASK TO SEE THEIR BUSINESS LICENSE, CA DMV VEHICLE DEALER'S LICENSE AND THE DRIVER'S LICENSE OF ANYONE WORKING AT 90210 INVESTMENT GROUP AND SEE HOW THEY RUN LIKE COCKROACHES. THEY ARE ALL *******. THE ONLY LAWFUL WAY TO TRANSFER YOUR LEASE IS WITH THE APPROVAL OF THE LEASING COMPANY AND IF YOU LOOK CAREFULLY OVER YOUR LEASE AGREEMENT IT CLEARLY STATES IT IS IN VIOLATION OF YOUR LEASE AGREEMENT TO ATTEMPT TO SUBLEASE OR OTHERWISE TRANSFER ANY INTEREST IN YOUR VEHICLE WITHOUT LEASE COMPANY APPROVAL.

Here are how elements of the crime appliy to 90210 Investment Group's scam (IN CAPS):

California Penal Code Section 571 Unlawful Subleasing
(http://www.dmv.ca.gov/pubs/vctop/appndxa/penalco/penco571.htm)

Unlawful Subleasing 571.  (a) A person engages in an act of unlawful subleasing of a motor vehicle if all of the following conditions are met:

(1) The motor vehicle is subject to a lease contract, conditional sale contract, or security agreement the terms of which prohibit the transfer or assignment of any right or interest in the motor vehicle or under the lease contract, conditional sale contract, or security agreement. 90210 INVESTMENT GROUP IS TARGETING CARS PRIMARILY OFF OF SWAPALEASE.  ALL VEHICLE LEASE CONTRACTS PROHIBIT SUBLEASING OR ALLOWING A UNRELATED THIRD PARTY TO USE YOUR VEHICLE WITHOUT THEIR APPROVAL WHICH MEANS CREDIT QUALIFYING TO BE ON THE LEASE AGREEMENT. 

(2) The person is not a party to the lease contract, conditional sale contract, or security agreement. 90210 INVESTMENT GROUP ARE A GROUP OF STUPID NIGGERS WITH BAD CREDIT DEFINITELY NOT A PARTY TO THE LEASE AGREEMENT.

(3) The person transfers or assigns, or purports to transfer or assign, any right or interest in the motor vehicle or under the lease contract, conditional sale contract, or security agreement, to any person who is not a party to the lease contract, conditional sale contract, or security agreement. 90210 INVESTMENT GROUP ******* ILLEGALLY ALLOW THEIR SUB-PRIME DEGENERATE BUYERS WHO CANNOT QUALIFY TO LEASE A VEHICLE THROUGH THE LEASING COMPANIES TO USE, ABUSE, DESTROY AND STEAL YOUR VEHICLES THROUGH THEIR SO-CALLED CONTRACTS.

(4) The person does not obtain, prior to the transfer or assignment described in paragraph (3), written consent to the transfer or assignment from the motor vehicle's lessor, seller, or secured party. 90210 INVESTMENT GROUP BUYERS CANNOT QUALIFY TO LEGALLY ASSUME YOUR LEASE THROUGH THE LEASING COMPANY AND AS STUPID ******* DO NOT GAIN WRITTEN APPROVAL OR CONSENT TO TRANSFER NOR ASSUME YOUR LEASE. NOTE THAT DESPITE THEIR CLAIM OF "BEING ADDED TO THE ACCOUNT" THIS IS MEANS NOTHING MORE THAN ALLOWING A THIRD PARTY TO MAKE A PAYMENT OR DISCUSS YOUR LEASE WITH THE LEASING COMPANY AND IMPLIES NO RIGHT OF USE FOR THE VEHICLE. THIS WOULD REQUIRE A CREDIT CHECK.

(5) The person receives compensation or some other consideration for the transfer or assignment described in paragraph (3). 90210 INVESTMENT GROUP ARE A BUNCH OF GREEDY NIGGERS WHO PROFIT BY CHARGING A DOWNPAYMENT TO THEIR DEGENERATE BUYERS TO USE YOUR VEHICLE.

Unlawful Subleasing 571. (b) A person engages in an act of unlawful subleasing of a motor vehicle when the person is not a party to the lease contract, conditional sale contract, or security agreement, and assists, causes, or arranges an actual or purported transfer or assignment, as described in subdivision (a). SEE ABOVE. MONKEY. *******. 90210 INVESTMENT GROUP.

CONTRARY TO WHAT THE IDIOT ****** AT 90210 INVESTMENT GROUP IS SAYING ALL OF THE ELEMENTS OF THE SUBLEASING CRIME ARE THEREFORE MET AND 90210 INVESTMENT GROUP IS IN VIOLATION OF THE STATUTE.

*NOTE*THEY PICKED THE WRONG PERSON TO TRY TO SCAM AND SCREW OVER AND I HAVE FORWARDED ALL 90210 INVESTMENT GROUP EMAILS AND THEIR PAPERWORK TO THE DMV INVESTIGATORS, AUTO THEFT TASK FORCE, TRAPP AND THE ATTORNEY GENERAL'S OFFICE ABOUT 90210 INVESTMENT GROUP SO IT WILL BE JUST A MATTER OF TIME UNTIL THEY WILL BE INVESTIGATED, RAIDED, THE PERPETRATORS ARRESTED AND OF COURSE THEIR SCAM STOPPED AND WEBSITES TAKEN DOWN.

90210 INVESTMENT GROUP IS NOW BURNED AND NO ONE IN THEIR RIGHT MIND WILL GIVE THEM CARS. THEY SHOULD GET SOME REAL JOBS INSTEAD OF TRYING TO RIP0FF THE HARD-WORKING PEOPLE OF AMERICA. GAMEOVER.

Report Attachments

ATTORNEYSINCE2005

California,
United States of America
Not a scam! WOW! You have some nerve!

#7Consumer Comment

Wed, February 06, 2013

WOW! It's apparent this review(s) was written by Swap a Lease themselves. Interesting thing was I called in to Swap a Lease to ask what they knew about this company and they told me very similar things to this post. First off, you have to completely ignore the above as nonsense considering the racial (the N word), that's a low blow Swap a Lease. I am an attorney and what you are saying is NOT true. You are misinterpreting the actual subleasing law. It states you have to violate all 6 tangents of the law, and if you actually read the company's contracts, it states at no time are the Owners assigning their rights to anyone.

I have been with 90210 since August, never once had a big problem, there was a ticket and one payment was late by the person in the car, but nothing negative to reflect on the company. In fact, I am just grateful that I don't have to make payments. I did my research on the driver, and he's not any of the type of person that was stated above! And I went and saw their Irvine office, met with a couple of their staff members, they have a physical office. Just sad that it's so easy to tarnish a company. Shameful actually, especially on a site like this.  


Attorney

United States of America
*UPDATE* 90210 Investment Group - Illegal Sublease Scam in Violation of California Penal Code 571 Illegal Subleasing

#8Author of original report

Tue, January 29, 2013

*UPDATE*  90210 Investment Group - Illegal Sublease Scam in Violation of California Penal Code 571 Illegal Subleasing

Here is the email that an "Autumn" (Direct Telephone # (424) 333-8700) from 90210 Investment Group sent me along with an attachment with fraudulent claims of what their company does to facilitate the illegal sublease:

From: 90210 Corporate Office <[email protected]>
Subject: YOUR VEHICLE - FOLLOW UP
To: [OWNER]
Hello [OWNER]:

Welcome! We are glad you have shown interest in our services. Just as a recap, remember you legally have the right to do this program. Although you might not be familiar with what we do, it's actually a concept you live and breathe everyday, we are "property managers" but with vehicles rather than real estate. I can guarantee you our company takes care of business, we do what we have to do to protect your credit. Our contracts are concrete and clear. We strive for customer satisfaction and enjoy helping people to the best of our ability.

Please take a look at our services, and let's go from there.

A little bit about us:

We offer a FREE service to get you out of your payments so you don't take a loss, and can PROTECT your credit. This is a legal service, designed for people that are upside down, want out of debt, are over mileage, can't stand advertising or just want a hassle-free transaction. 90210 Investment Group has been doing this for 10 years, and has satellite offices nationwide. We are the best in the business!

Remember: It's 1 in 15 people that realistically can get out of a lease, which is the reason WE ARE IN BUSINESS! Why would Mercedes, US Bank, BMW, GMAC etc, let you out when you are a good client and make all your payments on time? Because you are an existing client and people don't get out of their financing no matter how great the new applicant is, they are a risk! That's why we exist, and are an alternative. Most banks will not even let you out and/or makes you a secondary if you find someone. So utilize our guarantee.

The biggest perk is we guarantee the payments and everything is contracted. We also provide you a document to take the debt off your debt to income ratio, so you are not jeopardized getting financed elsewhere. Our admin staff verifies insurance twice a month, performs inspections (every 3 months), and we are added to your Mortgagor as an additional person to handle matters on the account, so you are NOT subleasing. The insurance is put in the new User's name.

We want you to feel comfortable, and completely understand if this alternative is not for you. Either way, we reward your referrals! Please look at the main site at www.90210investmentgroup.com Currently, we offer several different programs, so let us know if we can assist you with multiple things.

Also, the FAQ's are enclosed to further clarify any concerns you might have. If you want to get the process going, please send me an email back saying, "SIGN ME UP!" We are ready when you are! If you have any questions, please feel free to contact us anytime!

Kind regards,
Autumn- Director of Marketing
Corporate
Division
Beverly Hills Office
90210 Investment Group
(888)
92-90210 main
(424) 333-8700 direct

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