Complaint Review: Debit Corporation Of America - Hollywood Florida

My husband and I invested $20,000.00 with Debit Corporation of America for pre-paid MasterCard distribution and display machines. After reading all the posts on this web site, it is obvious we are not the "first" people to ever ask for our money back. The first reason was violation of the Patriot Act. We have also spent a week researching the mail and wire fraud statutes in order to do a civil Rico suit. The mail and wire fraud will also be discussed in the meeting this afternoon.

We are trying to produce every victim we can find. Apparently no one is going to take just our little $20,000.00 fraud problem. It seems we need to find around $100,000.00 worth of victimization. From what I have seen on this web site alone, that will not be difficult.

I contacted the Florida Attorney General's office yesterday and was told there were 3 "inquiries", but no complaints and no investigations at this time. I have found out that there is someone who is handling either a law suit or investigation. That is Maggie Reshard at the Florida Dept. of Agriculture and Consumer Services at (850)245-1000.

We filed a complaint with the Federal Trade Commission two weeks ago. No stone will be left unturned in trying to prosecute these people and I will do everything in my power to turn in as many victims as I can find and will help the government prosecute in any way I can.

I am a paralegal and my boss is a Federal trial attorney. We are putting together as much evidence as we can to try and prove mail and wire fraud, which can be prosecuted both civilly and criminally. Information on how to reach us has been given to the people running this web site.

My husband has spoken several times with 4EFT, the supplier of the debit cards with the MasterCard logo that appears on all of our applications. They notified Debit Corporation in October, that as of Nov. 1, 2003, the bank would no longer accept the debit cards unless the artwork was changed. I do know the applications were not Patriot Act compliant. We have verified that 4EFT is no longer doing any business with Debit Corp and no one is allowed to use any of the applications or other artwork with their logo on it.

Because we know that 4EFT had told Debit Corp. before we sent our first $10,000, for which everything we received had 4EFT and MasterCard's logo on it, that is fraud.

We have been told over and over again by Harvey Wall that this is in the "compliance department" and they are working on this and they have found a new source for the cards. After the "compliance department" who was working on becoming "compliant" with the Patriot Act, finished their work, they sent a letter a few days ago, and told us to continue to use the applications we already have. I believe that would constitute mail fraud, according to what I just read in the U.S. Code. Also, the bank wire for the second $10,000.00, which we tried to stop when the bank opened the next morning, did an investigation and replied that we had gotten merchandise for the $10,000.00. I believe that may constitute wire fraud. (The wire left around 4 pm one day and we tried to stop it immediately the next morning. Obviously, the money had hardly, if even, hit their account and we had not received merchandise yet.)

For now, we are trying to pull together as much evidence as possible to show wire and mail fraud. Envelopes that they mail letters in count as evidence. I think, from reading some of the wire fraud statutes tonight, though I have not discussed them with my boss, that the TV and radio ads will count as wire fraud.

I will leave no stone unturned to help us get our money back and anyone else that I can help. I believe banding together will make the strongest case. I hope to see everyone of these people in Federal prison.

Cyndee

Chattanooga, Tennessee
U.S.A.

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