- Report: #564303
Complaint Review: LEADERS MERCHANT SERVICES ISO - MSP WELLS FARGO BANK NA - Walnut Creek California
Reported By:
RFS -
Factoryville, Pennsylvania, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
LEADERS MERCHANT SERVICES ISO - MSP WELLS FARGO BANK NA
1200 Montego Way Walnut Creek, 94598 California, United States of America
Phone:
800-554-4777
Web:
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
LEADERS MERCHANT SERVICES ISO - MSP WELLS FARGO BANK NA Wells Fargo Bank NA Unauthorized withdrawal of $250. cancel fee, causing multiple insufficient charges on account, contract was for 12 months and 14 months had been completed Walnut Creek, California *EDitor's Suggestions on how to get your money back into your bank account that someone wrongfully takes it from you!
I signed up for a 12 month credit card processing contract on Sept. 24, 2008. After 14 months of service, during which the fees were so high and frequent that taking credit cards was no longer worthwhile, I cancelled the service on Dec. 9, 2009.
EDitor's Suggestions on how to get your money back!
HERE IS WHAT RIP-OFF REPORT SUGGESTS YOU DO:
Go to your bank within 60 days of the charge, or as soon as you know about the charge, don't delay, and tell them that there has been fraudulent activity within your account. Explain that you wish to file a dispute, and demand that they assist you in accordance with Federal Regulation E.
According to the majority of victims interviewed by Rip-off Report, those who immediately called their banks to dispute the charges did not get very far. Many victims got the following responses from their banks: we could not do anything for you or you waited too long; it has been more than 60 days.
If the bank is says that you have waited too long, explain to them how you called their 800 number as soon as the charges were found, and were told by the bank that nothing could be done. Remind the bank that they failed to assist you properly at the 800 #, and instead, provided you with an inadequate explanation of your right to dispute. Tell the bank that it's their fault time has expired, and since they gave you the wrong info to begin with, they will just have to deal with it, take the loss and reverse the charges.
Tell them the truth; this was unauthorized and your account was NOT to be charged! Keep emphasizing how you never authorized anything! Direct them to the hundreds of victims reports that were filed on Rip-off Report.com. And if you're at the bank, walk them over to their computer and make them go to this site! If you are on the phone with them, tell them you will wait while they access this site! Either way, be persistent!
DO NOT TAKE NO FOR AN ANSWER!
Let them know nicely, that you were advised to Report them (the Bank) and this situation to the Banking Commission in your state. Since each state has a different name for the agency/controller over banks, find that name before you call or get to the bank so you can throw it in their face. The more knowledgeable you appear to be, the further you will get.
And just continue to demand the Federal Regulation E form! The bank CAN, MUST and WILL reverse the charge! But, you must be persistent; ask to speak to the supervisor or the area manager for all the branches in the state.
Let the bank personnel know you are meeting with the media later in the day, that you would much rather they do the right thing (as most other banks have) by looking at the complaints and immediately reversing the charge(s) to your account; no matter how long ago it was. Be sure to call the Media if necessary so you are telling the truth.
If you have to, be loud (but nice) in front of other customers. If you are just calling by phone, the above tactics should still work. The bank can easily fax or mail to you the Federal Regulation E dispute form.
CHARGES TO YOUR CREDIT CARD
If the charge was to your credit card (not debit card, check card, or checking account), contact the credit card company as soon as possible to request a dispute form. Consumers usually have a little longer to dispute fraudulent credit card charges (up to 6 months), but it is better to act right away. In this type of situation, credit card disputes are usually successful since fraudulent companies often won't contest the disputed charge. In rare cases, credit card companies will review disputes, but refuse to reverse the charges. If this occurs, complain to a manager and let them know you will be filing a report here.
Remember Don't let them get away with it! Make sure they make the Rip-off Report .. The more Reports filed on a Company or individual, the more likely it is that the authorities, media and attorneys will want to take action.
And good luck Let us know how you do!
ED Magedson Founder RipoffReport.com Author of www.ripoffrevenge.com
Rip-off Report PO Box 310, Tempe, Arizona 85280
On the day of cancellation, I spoke to a customer service rep as required and confirmed everything, that I had fulfilled the 12 month contract and that no other fees were due.
With business at an all-time low during December and January, and my checking account barely having enough to cover the bills, I suddenly got insufficient funds notices from my bank.
Upon receiving the bank statement, I found the reason for my problem was an unauthorized withdrawal made by Leaders Merchant Services for $250. with the notation of cancel fee.
I contacted Leaders and explained what happened. Their response was "Oh, I guess we thought you had a two year contract. Sorry. Send in a claim and we will refund the money."
I informed the rep that their "mistake" cost me several charges of $30 each and also ruined my record with the bank. I was told to fax over my bank statement and they would refund the charges. I faxed the bank statement, blacking out the items that were NOT related to their charges.
I then got a call back that I had blacked out information and I had to provide the whole statement. I sent the statement with a very nasty note that they had no need for my private information, such as payments to others or account balance. I also demanded immediate deposit to my account of the money in full.
This DOES NOT look like a mistake to me. Knowing Wells Fargo Bank and illegal practices they have been involved with in the past (which we were also victim of) I am quite sure this is standard operating procedure for them.
HERE IS WHAT RIP-OFF REPORT SUGGESTS YOU DO:
Go to your bank within 60 days of the charge, or as soon as you know about the charge, don't delay, and tell them that there has been fraudulent activity within your account. Explain that you wish to file a dispute, and demand that they assist you in accordance with Federal Regulation E.
According to the majority of victims interviewed by Rip-off Report, those who immediately called their banks to dispute the charges did not get very far. Many victims got the following responses from their banks: we could not do anything for you or you waited too long; it has been more than 60 days.
If the bank is says that you have waited too long, explain to them how you called their 800 number as soon as the charges were found, and were told by the bank that nothing could be done. Remind the bank that they failed to assist you properly at the 800 #, and instead, provided you with an inadequate explanation of your right to dispute. Tell the bank that it's their fault time has expired, and since they gave you the wrong info to begin with, they will just have to deal with it, take the loss and reverse the charges.
Tell them the truth; this was unauthorized and your account was NOT to be charged! Keep emphasizing how you never authorized anything! Direct them to the hundreds of victims reports that were filed on Rip-off Report.com. And if you're at the bank, walk them over to their computer and make them go to this site! If you are on the phone with them, tell them you will wait while they access this site! Either way, be persistent!
DO NOT TAKE NO FOR AN ANSWER!
Let them know nicely, that you were advised to Report them (the Bank) and this situation to the Banking Commission in your state. Since each state has a different name for the agency/controller over banks, find that name before you call or get to the bank so you can throw it in their face. The more knowledgeable you appear to be, the further you will get.
And just continue to demand the Federal Regulation E form! The bank CAN, MUST and WILL reverse the charge! But, you must be persistent; ask to speak to the supervisor or the area manager for all the branches in the state.
Let the bank personnel know you are meeting with the media later in the day, that you would much rather they do the right thing (as most other banks have) by looking at the complaints and immediately reversing the charge(s) to your account; no matter how long ago it was. Be sure to call the Media if necessary so you are telling the truth.
If you have to, be loud (but nice) in front of other customers. If you are just calling by phone, the above tactics should still work. The bank can easily fax or mail to you the Federal Regulation E dispute form.
CHARGES TO YOUR CREDIT CARD
If the charge was to your credit card (not debit card, check card, or checking account), contact the credit card company as soon as possible to request a dispute form. Consumers usually have a little longer to dispute fraudulent credit card charges (up to 6 months), but it is better to act right away. In this type of situation, credit card disputes are usually successful since fraudulent companies often won't contest the disputed charge. In rare cases, credit card companies will review disputes, but refuse to reverse the charges. If this occurs, complain to a manager and let them know you will be filing a report here.
Remember Don't let them get away with it! Make sure they make the Rip-off Report .. The more Reports filed on a Company or individual, the more likely it is that the authorities, media and attorneys will want to take action.
And good luck Let us know how you do!
ED Magedson Founder RipoffReport.com Author of www.ripoffrevenge.com
Rip-off Report PO Box 310, Tempe, Arizona 85280
1 Updates & Rebuttals
Sarah
Camarillo,California,
U.S.A.
LEADERS Would Like the Opportunity Help this Merchant
#2UPDATE Employee
Mon, February 15, 2010
LEADERS would like the opportunity to help this merchant. However, this complaint does not yield us with enough of the merchants information to resolve the issues that this merchant has had. We strongly urge this merchant to contact our Merchant Services department at 1-800-876-9843 (option 2) and to please have their statements ready for review.
