Hot Naughty Search Women To Fuck Tonight Mature Horny Woman Wanting I Need Sex
Not looking for anything but someone to hangout with. So ladyif you are out there come live a simple drama free life with Kenosha sluts porn we be rich. There a million of these mutually lakd arrangement type posts on here, but I'm looking for something that's more than just a transaction.
|Relationship Status:||Actively looking|
|Seeking:||I Search Sexy Chat|
|Hair:||Long with tendrils|
|Relation Type:||Handsome Man Seeking Attractive Asian Women|
Where the girls that Wife seeking sex IL Crystal lake 60012 anal. It's up to you.
Guardians of the. If interested, please me a of you and put your city in the subject line of.
There are several of these emails going around. I have listed a few of them below. I have also created a video that explains the scam, just press play below. Here are the steps of the scam:. You have been selected for assignment as a Secretshopper in your area. Full job description will be sent to you prior in your assignment. You will have access to training materials after you register.
Provide the following information if you interested and we can shortly to the next step when this one complete:.
Below is the tracking number from WWW. COM to see the delivery summary yourself,it will be delivered to you today,be on a look out for the package today and look your mailbox daily. You will be Evaluating any Wal Mart Store in your City,cash the money order or deposit the money orders at your Bank and then Go ahead with any Wal-mart Evaluation in your area. Also you will be using Western Union services to send the balance to another Secret shopper to carry out her own survey. As a secret shopper, you should go there and study how to send money and memorize all you see at the outlet.
The reason for the western union is because our Finance department has just established a new system that you might have never heard of and it is called Alert pay,and this service is been Privately owned and established under our management since with many competitors we have a very low rating and few customers and we want to develop and upgrade our service to the best and fullest. So we only need the report you provide so we can work on our service. This is why we want you to send the balance via western union transfer in minutes so that we can test the service if it is working properly.
Please try as much to be discrete while doing your work as a Secret shopper, just observe all you see and report back when you get back home. Your next survey would be giving to you immediately you complete your first survey. Also to further finalize this survey, you have to get back to us with the below western union transfer information for the money you sent,you are to send the money in minutes:. As a secret shopper your job is to observe any thing useful going on in the outlet.
Make sure you observe everything you see in there because you would be asked some other questions when you return. So then you would go ahead and make western union transfer to another Secret shopper for another survey. Senders Name and Address 2. The amount transferred after deducting western union transfer charges.
Hello, Congratulations, We would like to let you know that you have been selected in your area. We do have all the required details needed and we are happy to congratulate you on your new employment.
The funds have been calculated to cover both aspects of this survey. All you have to do is walk into any of its location buy, buy and buy till you exhaust the money provided for this section, but you have to be in the store for at least 30 minutes, watching and taking note of everything Remember that everything you buy is totally yours. For these reasons we have decided to give the customers the opportunity to decide. There has been reports about lapses in the services of their Management and some of their staff,the complaints were based on reports which their customers forwarded anonymously and Phone calls which were also made to the Head office.
The Walmart locations were reported for Evaluation and Negligence for the following reasons:. A lot of customers have reported lapses in Money transfer services in some Outlets around the U. Our need to act is based on reports and complaints which some customers forwarded anonymously and phone calls that were made to our head office.
To make a transfer of funds from the location to our agent with the remaining funds after you complete your first task. You will also provide us with the Name of the cashier that attended to you along with the Address of the WalMart store.
Your reports should be drafted and sent to me via email immediately the assignment has been completed. Please, confirm that you did received this message so that the we can process funds that would be sent to you for the assignment. You Are not required to use your money upfront for any reason. We would be sending funds for the survey. We want your total Co-operation, Support, Availability and Trust. Please confirm Acknowledge receipt of this email, by writing back before we proceed further.
Please make sure you reply to this email with the following information below: You will receive funding for the assignment. You will receive the Instruction for your assignment via email on the location and details of the assignment. You are to complete the assignment as fast and discreetly as possible. You will be asked to visit a business location to conduct business be it a restaurant, shopping store etc. The company will furnish you with all expense needed for the assignment and any other expense incurred during the course of executing your assignment.
Full Name First, Middle, Last: Your employment packet will include funds for the shopping. Provide the following details if you interested: As a Detective Shopper You work and shop together for pleasure, and You only work hours twice in a week.
There is no charge to become a Agent shopper and you do not need previous experience. This is a part time job and and you would have flexible hours. We will provide you the money for all of your assignment. Money order or payment check would be in a certain amount which you would be required to cash at your Bank then deduct your salary and have the rest used for evaluation. If you did, please post the email in the comments below if it is different than any of the ones shown above.
Please remove any phone numbers or email addresses from the emails as I believe these numbers are fake and are actually phone numbers of actual people that are not involved in all of this. Get the money within hours The purpose of a short term cash loan is to make the borrowing a quick, painless and stress free way of borrowing money.
Therefore, the whole process is designed so that it is simple and simple so that you can apply with minimal excitement and effort, get an immediate decision about your loan application. There is only one simple online form to complete and once approved, the money could be transferred to your bank account within hours — without setup fees. Are you financially Down? Then contact this legit loan company on: We are currently giving out Loan to interested individuals and companies. All Application should be forwarded to loansfirmsector gmail.
I received a email from analystmartha datasightsolutions. I was sent a check for I emailed the person back at the email listed to ask if this was a legit check. My question was never addressed, but I was giving instructions on what to do. Unfortunately I sent back all my information which I was asked for, because I was looking for mystery shopping jobs at that time.
The letter they enclosed says not to cash it but to deposit in the bank immediately within 24 hrs. Below is the emails I received from them, there were text messages as well. As you have applied to be part of this program, do follow Ad guideline so you can be consider for this position. What is your job? To confirm your application and get you started, kindly respond to the information below:. Nike will never request for you account info. You will receive a receipt confirmation alongside your brief within 24 Hours upon receipt, be sure to look out for our response —————————————————————————————————-.
Remember the name of each employee you interact with, the clothing they are wearing and if they greet you politely. You might be asked to rate the product given in terms of quality or how long it took the employees to make. You might be required to ask assistance of the employees and rate their helpfulness. If you forget important details you may not get good ratings.
It is a good idea to take notes after each assignment. Keep a notebook and pen; in the car so that you can record information you are likely to forget later on. You can even keep notes on your phone if it helps.
This particular exercise will be to determine operational compatibility. Your evaluation begins from the moment you walk into the store, Select, Purchase and Try-on selected items. You are required to read and follow this instruction carefully and report promptly with results of your survey. Your report would include:.
VIII Time of departure. IX Un-indicated customer service lapses. At the chosen store you will be effecting a transaction through MoneyGram. While conducting the transaction, you should bear in mind the reason for the survey.
You must not disclose for any reason that you are a mystery shopper or let them know you are evaluating their store. You are to remain calm and confident during the process of the assignment so as not to arouse any suspicion of an ongoing survey. Prompt submission of your report will entitle you to an evaluation bonus. This would be included in your pay for the next assignment. Your feedback will help our client increase the quality of business service delivery and be the best they can be. You are entitled to a stipulated evaluation bonus upon survey execution in specified time frame.
You will be Allocated and Mailed required funds to carry out your evaluation exercise via check in mail. You are to respond with an acknowledgement mail to indicate availability and processing for your Shopping Packet which will guide you in execution of your survey.
I got this today: You will be assigned to visit a shop. You wiII be assigned to visit the store, bank, etc. Most of the time you will only need to spend 20 minutes on the visit. Country, State, City, Zip: Age and currently job: Lol… I got that same thing today. I feel bad for those who are dumb enough to respond with that information. So I guess I will just throw everything out and block the emails. It came from a Mike Vince with the email m.
I am so glad I did some deep research to find out this is a scam. Thank you so much for the plentiful information. New sale sites for personal items……not Craigslist as scammers have been using that for a while. Letgo is a new one, plus local community facebook buy and sell pages now too. I was selling a camera on letgo and got a message from a single name of Barrett. Wanted to buy it, but wished to send a cheque….
I said sure send me the cheque and once it clears i will send on the item. All the time im chuckling to myself knowing this is a scam. He is in constant contact, is all ok, are we good, do i still get the item etc….. His package arrives, i open it and start laughing my arse off. Cheque was from one address, package from another, 2 different company names. So I do a little investigating for poops and giggles.
Both companies exist, one is a golf and country club legit the other is some dodgy looking food outsourcing service with a clueless website, hashed together with string and bubble gum! The bank routing number is legit, but no bank address or banks logo on said cheque. So I show my wife later on, she giggles away and says Can we take it to the bank, all the time smirking away. Were heading out anyway, so why not!
Our bank lady takes one look and shuts it down as a scam in less than 2 seconds……its nice to get the final confirmation when you need cash that temptation to take a chance is a compulsive little beasty. Well I feel bad, so I figure the next day im going to get the number for the country club and let them know someone is counterfeiting cheques in their name.
Anyhow, the cheque we handed to the local police dept in town, nothing they can really do but I suggested they could contact the admin at Letgo see if this Barrett guy left any sign in details etc?
The ages old moral stands true today more than ever guys…….. These scamners have Zero right to take what you have rightfully earned, or from anyone else either, business owners are no different, they struggle like the rest of us. Stay vigilant folks, look after yourselves and your loved ones, and each other. Well im off to dress up as Batman and stand on the edge of my couch keeping a watchful eye for trouble!
We are merely touching in to keep you informed that your first Observational Research assignment will start early next week. You have been fully accepted as one of our conducting Agent. Further updates with instructions will arrive in mail within business days. Thank you so much for your time. Kindly make sure you check your email daily at least twice to three times in a day for regular updates. Can speak local language well. Can read and write English. No Experience needed Like Shopping.
You Will be Assigned to visit a shop You Will then finish an on-line questionnaire to Share with us your customer experience. Most of the time you will only need to spend 20 Minutes on the visit. Add Justin Howard to list. I really really messed with this guy …… let me know if you want to see his email that you can practically see his sweat stains on…. I received these by priority mail today. I find it very disheartening that when I ask the police how I can report this scam I was told that if there was no personal loss to me, there was no crime.
I feel bad for the people that are not as synical as myself and fall for it. I googled all the info I could from this letter, none of this exists. The phone numbers go to voice mail. The people that follow the instructions on the letter have now given the criminals all their banking info.
I frequently play along — responding with a fake name — I let them send a check — which I destroy — then when they follow up — I say I didnt get anything and let them send another check — I love to waste the time and money of these scammer. There is no easy money , only effort and hard work. There may be some who are legit, however every company will have access to their company site and you will be able to findo them on a google search.
Also, companies with job opportunities use a professional format, with header, links, company discretion, not to mention due to employement laws and equal opportunity guidelines all applications and affirmative action voluntary information will always be through a separate link to complete. This is federal policy in America for fair employment all companies must follow through the application process. I wish they would not have access to my email so much! Anyway stay informed, rational, and use critical thinking skills.
These people are looking for you to be boo boo the fool! J0b evaluation is an assessment of the relative worth of various jobs on the basis of a consistent set of j0b and personal factors, such as qualifications and skills required.
C0llecting and analyzing primary data. Send below information to get started: Send below information If you are still Interested:. Which would come in the form of a cashiers check for you to perform your assignment. I received another one today. I receive them frequently, do not respond, but decided to see if a scam. That and phone call scams take up too much time! I realized it was a complete scam and I tore it up immediately.
Never again will I fall for these offers of work scams. Feeling stupid about this. Dang, I almost fell for this scam! They were very persistent in pushing me along with texts and even phone calls. So, they called me twice and when I called them back, a man with an accent answered on a bad telephone line.
He asked me if I have deposited the check and I said no. Then he got defensive when I asked for more info on the company.
I got two letters from them. I did not even sign up, but the second letter said I did!! I wonder what is their purpose? If they succeed, what profit is there for them? I found a similar thing on craigslist so I sent the email with my name and address and such and then received something in the mail today.
They are texting people now too and the number they text me from was from OH. How twisted can you get. I have been suspicious about this. I am glad I discovered your website before offering any more information.
The following is the e-mail I received after giving them my e-mail address. Thankfully it is an e-mail address I use for receiving possible spam e-mails.
In your neighborhood, You will be evaluating the Stores, Outlets, Banks. Make sure the store and the outlets you will choose are close to your area as much as possible. A payment will be sent out to you today via FedEx and it shall be delivered to your address on Wednesday. This Payment is for compensation payment and other funds you will use to carry out your surveying process, you must not use your personal money to complete any of the surveying process and there will be no reimbursement of any kind since we are providing you with all the funds you will need to carry out the survey.
An Evaluation Instruction will be given to your through email, this will tell you what to do at the stores and the banks location and how to expend the fund at each location. Please note that you are to carry out this task as a real customer throughout the period which you will be carrying out your survey at the stores and banks, your survey report will help our clients better understand their customers.
Hello Guys,i am a living testimony of this great work ,Am so happy I got mine from Annie. The blank ATM withdraws money from any ATM machines and there is no name on it, it is not traceable and now i have money for business and enough money for me and my family to live on. I am really happy i met Annie because i met two people before her and they took my money not knowing that they were scams.
But am happy now. Annie sent the card through DHL and i got it in two days. Get your own card from her now she is not like other scammer pretending to have the ATM card,She is giving it out for free to help people even if it is illegal but it helps a lot and no one ever gets caught. The card works in all countries except Philippines, Mali and Nigeria.
Mrs Susan is giving out the card just to help the poor and needy though it is illegal but it is something nice and she is not like other scam pretending to have the blank ATM cards. And no one gets caught when using the card. Just send her an email on atmmachine gmail. My question is what to do with all those crazy cashiers checks and money orders.
I got this email below. Got moneygram check by ups envelope, cashed it now have to go to bank and tell them what is going on, try to get it reversed and go from there… I told a friend about it and she instantly told me it was a scam. Googled ss-network and found this forum. Thursday, January 5, 8: Waiting your good response, Thank you. We are accepting applications from qualified individuals from all-over the world to become Secret-Shopper.
There is no charge to become a shopper and you do not need previous experience. After you sign up, you will have access to training materials from us. No commitment is made on this job and you will have flexible working hours. At least 2 evaluations a week will be assigned to you because this is a part time job and we think this job suits you.
We will provide you the money for all of your evaluations. Provide the following information if interested and we will get back shortly with your assignment. I Lost my Money to scammers but not anymore Well, who would have believed this. When I saw a comment by one Allison babara, I thought it was one of the Scammers ways to convince someone.
Looking at his comment, I saw an element of doubt since he was telling stories. I contacted the email on the testimony of Allison Babara worldblankatmsolution gmail. I asked them to give me proof to be sure they are not scammers like others that I have met before and they sent me a proof. Then I requested to get my card which they sent to me in Germany in just 3 days.
Am happy now because I have recovered my cash I lost to scammers. WorldblankatmSolution are real because I got my? Contact their mail worldblankatmsolution gmail. Morris mabel is my name and if you are scared, please reach me through my mail morrismabel82 gmail. You will then finish an on-line questionnaire to share with us your customer experience.
Can read and write english. No experience needed like shopping. Hello Evaluator, Congratulations, we thank you for your response to our email. We would like to let you know that you have been selected in your area. Thanks for the response and expression of interest. The First is to Evaluate any: There has been reports about laps in the services of their Management and some of their staffs,the complaints were based on reports which their customers forwarded anonymously and Phone calls which were also made to the head office due to Negligence for the following reasons:.
Your Secret Evaluation would be. Sincerely, Robert Chantal M. Start by Thursday, December 15, Due by Thursday, December 15, We are accepting applications from individuals from all-over the world to become Secret-Shopper. No commitment is made on this job and you would have flexible hours. Provide the following information if you interested and we will get back shortly with your assignment. Stupid me I replied with my Full name, address and phone number….
Now what do I do…This is the first time ever getting a Scam….? Good Day Esteemed Agent, How are you doing? Email all assignment reports and answers to this 2 email below: I got an email like this and sent them my name and address I should be OK as long as I throw the package with the fake check away as soon as it comes to my house right?
Let me add some more scam names in the mystery shopper morgan csshoppinginc. You will then finish an online questionnaire to share with us your customer experience.
I have just received the same letter as posted and described above. Brad Johnson whose physical address is Morecambre Dr. I will be contacting the local authorities with all the information that I have included above. I hope this helps someone. Send below information to get started If you are still Interested Applicants are to forward Information below:.
Age and currently job:. Hi, My name harry Dickson and i just want to share my experience with everyone. I have being hearing about this blank ATM card for a while and i never really paid any interest to it because of my doubts.
Until one day i discovered a hacking guy called harry Dickson. If it works or even Exist. They told me Yes and that its a card programmed for random money withdraws without being noticed and can also be used for free online purchases of any kind.
This was shocking and i still had my doubts. Then i gave it a try and asked for the card and agreed to their terms and conditions. Hoping and praying it was not a scam. One week later i received my card and tried with the closest ATM machine close to me, It worked like magic. If you want to contact them, Here is the email address dicksonharryblankatmharckers gmail.
Beware, I was texted to verify my address to be a secret shopper. I am reporting to the post office tomorrow and may file a complaint with local police. I realized it is a scam but the counterfeit check and money order are excellent fakes but the backs do not have watermarks or other marking usually found on the backs….
Was any Money taken from you? I had them text me as well.. I just want to throw this check in the fire. Until one day i discovered a hacking guy called Dickson, he is really good at what he is doing. I received this today. I replied back and asked for the name, address and phone of the company and how they got my email.
Your employment packet will include funds for your evaluation which the company will furnish you with all expense needed for the assignment and any other expense incurred during the course of executing your assignment. Reviews and surveys for collection-of-data.
You just conducting project evaluation. You need to be collecting and analyzing primary data. Thank u for in lighting me and happy holidays. Wish they could b caught and prosecuted shame on them for being so manipulative not everybody will take a minute to think this through will cash it and then be zonked.
Happy Holidays to all. We are company that conducts surveys on marketing plans and ideas as well as evaluating other companies. Examples of survey and evaluating details you would forward to us are:. How long it took you to get services from a given company,. Smartness of the attendant,. Sometimes you might be required to upset the attendant, to see how they react to clients when they get tensed. The lady who sent the the email Melinda Campbell was scam artist with a trucking company. Michael Hastings was a journalist that passed away in due to a car accident and Marcus Robertson is a Famous football player for the Raiders.
I also google street viewed the address that sent me the mail… its a empty lot. No home or driveway is in this address. Thank god i did my research before i put this check into my account!
Your role is to sit down at specific servers tables, observe and report specific items that we have outlined for you. Each assignment requires minutes of your time at a store plus time to write up your post-visit reports. Reply to courtneyweiss45 gmail. Hello Guys,This is a Life Time transformation,Celebrate this christmas season with joy and gladness in your heart!!! Am so happy I got mine from Annie. Each assignment requires minutes of time at the store plus time to write up your post-visit reports.
Reply to nathanwilliams gmail. The same BS about wal-mart assignment etc. I would never take a money order to my bank to cash? Maybe a grocery store or something?!
I just got my Priority Mail today. I will be honest, I was excited by the amount. Common Sense kicked in, and here I am; letting you guys know that this is a load of fecal matter. I left a voicemail with Wave Federal Savings Bank. This bank is located in Warwick, RI.
I plan on sending the check back to Wave, but I want talk to them about what they want me to do. I wish I knew what else to do to stop these jerks nice word. You will then finish an online questionnaire to share us about your customer experience. Experience conducting project evaluation. Experience collecting and analyzing primary data. You will be assigned to visit a shops. Ability to think in a clear and logical manner,and communication skills.
No experience needed like Shopping. Most of the time you will only need to spend 30 minutes on the visit. Age and Current- job:. Have a nice day and do expect the FBI visitation if you fail to comply with my instructions. Lol, this is the best post on here! I am loving the grammar of this so called legitimate businessman. Thanks for the post and the laugh.
Reviews and surveys for collection of- data You just C-onducting project E-valuations You need to be C. Give me information for register: Provide the following your details: You will receive funds for the task. You will receive instructions for the task you via email in the location and details of the task.
You must complete the task as quickly as possible and quietly. Hello Guys,This is a Life Time transformation!!! Here is his price list for ATM cards: I have received one from mystery shopper division 21 The guys name i was to call was Alex Rogers. I stupidly cashed the cheque i had received also because it looked so real and 2 employees at the bank had even said it was real.
Quite simply, we have carried out more business to business market research studies than any other company in the world — ever. We hope you agree that our understanding in business to business markets goes beyond knowledge, truly setting us apart. Our approach combines active listening at every touchpoint with sophisticated analytical techniques. This is all overlaid with our unique b2b consultancy, providing Businesses with the straight-talking feedback, insight and action plans they need to address problems, improve loyalty and grow….
We are accepting applications nationwide by qualified individuals to be Observational Research agents. Perhaps, this might be the right platform to lessen unpaid bills that triggers unrest. We are looking for outstanding Brand Personnel In the name of 0bservational Research Agents to evaluate sales performance, market force, and improved customer service in USA.
You are required to deposit the check at your bank then wait for funds to be available before you begin your task. Do note that we deal with banks only, Reason is that we make monthly reports of our transactions and financial activities to the government through the bank,so the records are required.
You can choose one color or mix the colors depending on the availability. This is one I got. What did you do with this? I just got home from being out of town and I have another check that I will be turning over to my bank. Can someone help me? Give me your information for register ; 1.
I feel like a real jackass. They almost got me but thank God my son works for Chase bank. Below is the email I got from those scum bags!
We have a customer service survey assignment in your location for you. If interested please Click Here and fill in the required details. One was the full instructions of what I will be doing and who I will be sending the money.
I knew this was a scam immediately, no company would EVER tell you to send money grams. I also called the credit union listed on the check and confirmed it was a fake check but also wanted to more so let them know about the scam with their name on it.
They also spelled my name wrong on the check which is hilarious to me. I just sent them an email back trying to mess with them asking them to send me a new check so I can complete the task as quickly as possible and do more work for them!
This is a confirmation that you can deposit the funds you received for your first assignment. The Payment you received covers all expenses including evaluation, shopping and your compensation for this survey.
Your Supervisor, Tony Nalle https: I knew it was a scam right off the bat but even still I called the bank to ask about the validity of the check and to report it. They said it was fake and they knew about it, nothing they could do about it. Friday, September 09, No experience needed Like Shopping. Most of the time you will only need to spend minutes on the visit. The below e-mail came from a company calling themselves Great Selections, which is a registered brand trademark to the company that I work for that immediately threw up red flags:.
Send the information below to get started if you still Applicants who intend to continue the INFO below:. I have no idea how they got my cell number. You are required to pick up the package in your mailbox today and proceed further with the enclosed instruction. I will be awaiting your response with the completed survey report. Thanks for your anticipated co-operation. What it boils down to is: Does Walmart even sell Kroger Reload Vouchers?
I knew it was a scam before I even googled the company. These scammers seem to contact people they know are low income and who they think would jump at the chance of having that amount of money.
I will be reporting the email, text, hard copy letter and check. Report any correspondence you receive and move on with your life. And what are we supposed to do with the Kroger reload vouchers yeah, really, at Walmart!? Just send a photo of them to the assigned email address of natshopnet aol.
This is the stupidest scam I could imagine. Oh, my HR manager was Bruce Mcintosh. I recognized it immediately as a scam and actually have contacted the bank from whom the check was made from. Just really, really hate these kind of scams that prey on the needy. Please remove any phone numbers or email addresses from the emails. As I believe these numbers are fake and are actually phone numbers of actual people that are not involved in all of this. I was recently scam for lots of money. So right after that, I started getting job offers to discourage me from drawing unemployment.
Some how these people are able to hack in to the unemployment system, to get people E-Mail Address. So you see, I would have never suspect anything. But I will tell you that this secret shopper scam was better than any of the ones you have posted. So I see no reason to share my E-mail assignment scam. After all, I still think it is a crime to write bad checks. I received an email forwarded to me about this secret shopper job.
I emailed Brenda Atkins. She asked for my address and cell. I deposited but sat on it before Googling and finding out similar scams. Sure enough, my bank returned check as counterfeit.
So they sent me a text message offering a customer service position with an email address to reply to. The address is surveyaanalyst gmail. Hi I may be interested in the position you sent me. We are currently recruiting individuals as Customer Service Representatives. You are to send the below information and state that you are interested. It is legal and legitimate to be a Customer Service Representative with us. Upon approval, your job as a Customer Service Representative will begin next week at which time we will provide you with more information.
Then you have to follow every single instruction given to you as a Customer Service Rep. You can earn more shopping at a number of selected retailers, assessing their customer service and reporting back. This e-mail message, together with any attachments, contains information that may be confidential, proprietary, copyrighted, or may contain information that is protected by a privilege. This e-mail message, together with any attachments, is meant solely for the intended recipient s.
Any dissemination, distribution, copying or disclosure of this communication in any form whatsoever is strictly prohibited and may be unlawful. Your erroneous receipt of this communication should not be regarded as an express or implied waiver of any applicable privilege. Can you please send me the link? The website but its currently under construction.
If you want to wait indefinitely until the website comes on, it is ok. Ok is there someone I can contact to learn more? I would just like to know the basics of your company so I can decide if your company values are in line with my own.
What is the purpose of your market research? Is this some kind of scam? What was the complaint against your company on the BBB? I received the same exact email, word for word literally, except that it was signed by Davies Brown. It even has the same reference number.
Thank you so much for posting this discussion,I got the exact same email and am waiting for my first check in the mail and begin my first assignment…you educated me and saved me from getting burnt,thanks again!!
Take a few moments to do research, by googling the email address or the companies name. If you want to be a secret shopper, then join the list of hundreds of people waiting for jobs like this. These types of jobs, are usually set up by corporate of the companies themselves, not outside people. If it sounds to good to be true, it usually is a scam.
July 20, 8: Assignment A Walmart Evaluation: This is a research program designed to seek real people opinions about various products or services. Your opinion and suggestions alongside our receiving agents will be compiled and submitted to the Walmart and Money gram executives for evaluations in order to see aspects of their services in need of improvements. I will be waiting for a confirmation message once it has been deposited and state clearly when your bank indicates the funds would be available for withdrawal.
You must not disclose for any reason that you are a shopper to anyone, or let them know you are evaluating their store. So then you would go ahead and make a Money Gram money transfer to our receiving agent for another assignment.
I await a prompt assignment completion. The contact person for this is john Daniel at I saw his notice too late! We are starting a big research project in the United States. I believe I have been drawn into this scam too. I am also to send him a copy of the receipts from the stores and my deposit slip. I am thanking God I have my inner sceptic always going and have googled this before I git into it deeper.
We need a team filled some people with age, residence location, experience and other different. Requirements; [a] 18 years old or above [b] Can read and write English [c] Can speak the local language well. Registration; If you are interested, reply this email by filling out the information below for signup;.
So we can look at your distance from the locations which you have to put your service, and your address would also be need for your payments. There is no charge to become a shopper and you do not need previous experien Today at There have been reports about lapses in the services of their front-line and some of their staffs, this is based on reports anonymous customer feedback.
We will pick one of the above listed locations in your area to carry out an assignment which will be outlined to you upon confirmation of the check. You would have to keep a comprehensive report on every activities carried out on the store while conducting your assignment, the name of the teller or store attendant that did the transaction, the time at which it took to complete your transaction and mannerism of the teller.
Please acknowledge receipt of this email and inform us immediately you receive the payment for your first assignment. I too was sent the proverbial letter; responded to the first email; and received the check which is now just sitting.
This mystery shopper emailed me yesterday. This rotoo is also scam I checked with the BBB. They wanted my name addresss and phone number. This is the persons email that sent me this. Somebody texted me this last night: Payment would be in a certain amount which you would be required to cash at your Bank, deduct your salary,and have the rest used for the evaluation at the store that would be given to you to evaluate. After you Sign-Up, You will have access to training materials.
As a Detective Shopper You work and shop together for pleasure,and You only work hours twice in a week. We wait your good response, Thank You! We are looking for outstanding Brand Personnel In the name of Secret Shoppers to evaluate sales performance, market force, and improved customer service in USA. To be a part of this awesome experience as a secret shopper, kindly direct all inquiries via email to ……………. Full Address With Apt: Our company is accepting applications from qualified individuals from all-over the world to become Secret-Shopper.
Provide the following information if you interested and we will get back shortly with an your assignment. Gerald Alma Gerald Vaske almartworldwide gmail.
You have been accepted as one of our Mystery shopping survey agent. You will have to send the name and address of the two location to us, Please note that you are to act Cool, Calm and Confident through out the period which you will be carrying out your survey at the store, in order not to arouse any suspicion. You will be shopping at Wal-Mart store and also make a transaction at any of the listed above depending on your assignment task, You will write a report about the customer services, you will send your report back to us via Email, you will have to use the following pointers to prepare your report:.
A package will be sent to you,inside the package you will find your Compensation payment and other fund you will use to carry out your surveying process. You must not use your personal money to complete any of the surveying process and there will be no reimbursement of any kind since we are providing you with all the fund you will need to carry out the survey. An evaluation instruction will be given to you through email, this will tell you what to do at the Wal-Mart and the Western union location and how to expend the fund at each location.
Please reply to this Email donaldp gmail. This a-holes phone number for txt is This is a good number as this guy has texted me for over a week now. No one showed up at my door as of yet to kill me or my family. They will have a rude awakening when they enter my home.
One of my neighbors recently had someone at the Walmart service desk intervene on her behalf as she was trying to wire money to someone trying to scam her. Very decent of the employee. I called the store and thanked them for being so on the ball. It is walmart policy to detect and even deny to complete these kind of scams.
As for walmart being evil I must disagree. When we became homeless due to my health walmart granted us two thousand dollars from their employee in need program. The store manager even brought us some groceries. Now does this sound like such an evil corp. My wife started as a cashier and transfer to customer service. She see these scams often.
She comes home very exited when she is able to stop a customer from being taken advantage of. Actually, even if you have sent the money via wire, if they have not picked it up yet, you can get it reversed. You have to call Western Union and let them know to stop the order.
This happened to a friend of mine a few years ago and when he told me what he had done, I was sick. We called Western Union and were luckily able to stop payment! And then the scammers actually had the nerve to call my friend later and ask why when they showed up to pick it up that he had canceled it! Be careful with this message. Many people marked similar messages as phishing scams, so this might contain unsafe content. It looks legit but it is not. Thank you for your Interest in becoming a Customer Service Analyst.
We are currently recruiting individuals as secret customer service analyst. You are to send the below information and state that you are interested after reading the details of the position. Pending approval from the Recruiting department. Upon approval, your job as a secret customer service analyst would begin next week and this would result to us providing you with more information. All the tools you will need would be provided to you with details every week you have an assignment.
Then we would be providing you details on here. You are to follow every single instruction given to you as a secret customer service analyst. You can earn more which involves nothing more than shopping at a number of selected retailers and assessing their customer service and reporting back, so I want you to get back to me with confirmation of your interest and commitment in working with us by providing the details below.
These are scared ass little con artists trying to scam. They dont want your blood or your family.. They only want to pull quick scams and then they disappear or come back under a different name. I just got a text somehow from one of them: I hope this locations are convenient for you, giving the fact that you have not more than 55 Minutes to conduct the survey in each of the two locations.
Meaning each survey period should Not last more than 55 minutes… Please say YES to this email so we can authorize your survey for the week. All surveys are to be discreet, revealing survey locations and discussing surveys jeopardize the essence of the survey…. Information below to sign up! I got the similar e-mail. What should I do with amount in my account..? What happens when your friend does it and nothing happens and they sign you up and get scammed: Thanks for participation and being here with us.
Actually, they must have streamlined it a bit. Same thing just a few less steps. Its fun and rewarding, and you choose when and where you want to shop. You are never obligated to accept an assignment. After you sign up, you will have access to training materials via e-mail, fax or postal mail. Nearly 1, shoppers have registered this week, performing millions of mystery shops throughout North America and the Caribbean.
We have been building our tradition of excellence for two decades. One amongst many others pay for Secret Shoppers to shop in their establishments and report their experiences. On top of being paid for shopping you are also allowed to keep purchases for free. Training, tips for improvement, and shopping opportunities are provided free to registered shoppers.
Mystery shoppers are either paid a pre-arranged fee for a particular shop, a reimbursement for a purchase or a combination of both. You are to shop secretly. This fee will be paid upfront. During this shopping, you will visit a location and make several observations as regards the customer service. You will be required to interact with the shopper clerk. You may conduct the shop alone or as a couple.
Kindly Fill Out the application form below and we will get back to you shortly with the assignment:. We await your urgent response. Thank you your willingness to work with us.
We look forward to work with you. No experience needed like 5hopping. We are recruiting Secret Shoppers, this will not affect your job. We are starting a very big research project in USA , This project takes place every week.
So, we need to recruit Mystery Shoppers to work as a surveyor. Thank you for the participation, We will contact you as soon as your application has been received. Information below to sign up: I got 5 in a row, in one day. All had same wording, only difference was the name at the bottom, lol. Please fill out application form below and we will get back to you shortly with the assignment:. Your response would be greatly appreciated. We will contact you immediately as your application has been received.
Most of the time you will only need to spend 22 minutes on the visit. I got the dude so frustrated, it was quite entertaining. Dec 28, 4: Hey, dude, could you go into a little detail of what happened? I got one of these OneVanilla assignments, and I want to try to collect on that bucks…is there a way to actually make this work for you?
However if you want easy money I do know a way…. Payment for your first assignment has been issued and sent to you through USPS with tracking number and has been delivered to you. I hope you understand. Just be on the look out for the payment and let me know you got it before proceeding to depositing it. The Check is a certified payment and it is for you to carry out your first mystery shopping assignment which you are to take the payment to your bank and have it deposited in your account and then get back to me after it has been deposited so i will direct and guide you to carry out your first shopping assignment step by step as my job to avoid mistake in your first shopping assignment …Okay?
I just received this email today. I am sure it is a scam and would like to report it to authorities…how can I do that. Payment would be in a certain amount which you would be required to cash at your Bank, deduct your salary, and have the rest used for the evaluation at the store that would be given to you to evaluate.
Bank Account Transfers 3. I was contacted via LinkedIn. I gave basic information. Instructions said to send shopping details to: The check is a SCAM. Did they tell you they going to report you to the FBI or something they did to me!?
Please contact me and the person keep emailing me is David Anderson. At first, I thought maybe… then I decided to search google for some kind of scam involving this Western Union crap. It had all the same verification methods as any other valid check or CC watermarks, and 13 verification processes and passed all of them.
However, I called Fulton Bank to verify if it was a fake or real. They asked me what the check number was on the top right corner of the check and came back on the phone and told me that I was very smart to call and verify before attempting to deposit that CC because it was indeed a fake and I would have been held responsible for all of the withdrawn funds after it came back as fraudulent and by that time, the scammer would be long gone.
How in the hell do these people get away with doing this shit? Why put your return address in when you have to know its a fraud and scam? I decided to take further action. That pisses me off! If she is involved in this scam, I think her employers and fellow LinkedIN folks should know about it as well. See what you come up with. I found this person on LinkedIn and on Facebook. I even sent a msg on fb. Also, it could be that whoever really sent it randomly chose a name and address from the local directory and used it but even so, I think if it be the case, she should know what she is now involved in.
And, if not, and she did send me this ignorant thief care package, she ought to be ashamed of herself! People with families and kids who work hard for nothing.. Well, they were not counting on people like me to strike up a battle. I received this in my email.
We are starting a very big research project in USA , This project takes place every month and we need to recruit Mystery Shoppers to work as a surveyor. To register for this survey, Send the below details to laura. Here is a screen shot of a text I got from a secret shopper.
You will then complete the on-line questionnaire to share with us the experience your customers. Most of the time You will only Need to spend 20 Minutes on the Visit. Please Provide me with the following: How are you doing today? Survey package was scheduled to deliver to you by USPS courier service at State the following details below in your email when you contact the above mentioned offices for further instructions:.
You are to get back to me as soon as you get the package for further instructions on your survey. You have been Accepted as one of our Survey Agent in your neighborhood, you will be given as survey date as soon as you confirm your status. You will be evaluating some stores in your neighborhood as a customer and give us feedback on your overall experience by filling out an online survey form. Respond to this email on your acceptance to carry out the survey and confirm that your Full Name, and Mailing Address below are correct:.
I received a similar email and have NOT responded! Thank you to everyone who shared their experience and stopped me from making a huge mistake. Just got a text message saying…Advert! Have to laugh——bad grammar always gives them away RE: Your mystery shopping assignment How are you doing? I will like to inform you of your first assignment which you are to start this week.
The payment processing department has mailed out a money order via USPS for you to carry out your first assignment to be delivered today. You are to evaluate the nearest of these stores that have Money Gram facility example: You are to appear as a potential customer tryin to transfer money to a friend or family. There are of course many company-specific reasons for movements in stock prices for the last 7 leasing company IPOs.
However, SierraCities, which went public at 8, has sunk from and highs above 30 to around 4, likely due to investors' impatience for earnings and concerns about the poor performance of the entire leasing sector. One of the reasons investors have battered UniCapital's stock is investor concerns over the sustainability of its substantial trading profits in the cyclical business of selling commercial jet aircraft and engines by its Big Ticket Division.
These concerns appear to have been warranted because UniCapital announced in May that it was taking major valuation write-offs in its Big Ticket Division and had decided to exit this business. The stock of Newcourt, also a public company, had fallen drastically before CIT first announced plans to acquire the company in March on investor concerns about Newcourt's credit quality, liquidity and earnings, and it fell further amid concerns that the acquisition would be called off because of Newcourt's lower than expected earnings for the first quarter of The acquisition was finally completed after the acquisition price was negotiated downward, but investors have not been kind to CIT's stock, possibly because of concerns about the ability of CIT to integrate such a large acquisition smoothly and the adverse impact on CIT's earnings of discontinuing Newcourt's extensive reliance on gain on sale accounting for lease securitizations.
Newcourt is not the only more-seasoned public leasing company to experience a significant stock price decline. Finova, which had been regarded as one of the best public leasing and commercial finance companies, recently hit a stock price low of under 8 in May after being above 62 in February Leasing Solutions is another once highly recommended stock that fell out of favor quickly when it reported substantial losses, due largely to overly aggressive assumptions on end-of-lease values for computer equipment on operating leases.
The stock, which was above 30 in , traded for a few pennies a share after filing for bankruptcy and being delisted by the New York Stock Exchange in late Prime Capital is another company where accounting surprises have caused a sharp drop in the stock price. From a high above 7, the stock dropped to as low as 0. The recent demise of two venture capital-backed leasing companies, BankVest and USA Capital, due to excessive credit losses and cash flow problems further hurts the reputation of the equipment leasing industry.
The venture capital firms that invested in BankVest and USA Capital are likely to be very cautious on future leasing company investment opportunities, and the lenders to these two companies will likely scrutinize credit decision processes more closely for their other leasing company customers.
Implications for Other Leasing Companies. What are the implications of the dismal leasing company stock market performance and the failure of several public and venture capital-backed leasing companies for other leasing companies?
First, equity capital, the fuel that powers asset growth for equipment leasing companies, will be more difficult to obtain and more expensive. Privately owned leasing companies will be less likely to be able to go public in the next few years because of the poor results of the most recent leasing company IPOs.
Privately owned leasing companies will also find it harder to attract venture capital due to the losses incurred on leasing company investments by several venture capital investors and the uncertainty as to when and whether a leasing company will be able to have an IPO to provide an exit opportunity for the investors. Those companies already public will experience lower stock valuations than they might have had; even if they do not have the problems of some of the other public leasing companies, there is guilt by association because investors have experienced too many unpleasant surprises from leasing companies.
They will also find it harder and more expensive to raise equity through secondary stock offerings. Second, some debt sources will drop out of the market and others will impose stricter lending standards. A leasing company without a solid net worth and a long history of favorable static pool performance may be unable to access the securitization market, and many issuers will find securitization interest rates and conditions to be less favorable than they formerly were.
Third, acquisition prices for leasing companies will decline. Acquirers will be highly selective and will likely be extra careful in performing due diligence now that they have seen how quickly leasing company fortunes can change. Companies using gain on sale accounting for a major portion of their lease originations will likely be penalized by acquirers in the valuation process.
Most potential leasing company acquirers do not use gain on sale accounting, and they may find it difficult to justify acquiring a leasing company if conversion off gain on sale accounting produces a loss in the first year. It should also be noted that SierraCities. None of these companies are likely to make leasing company acquisitions in the near future.
Leasing company acquisition pricing will thus be further dampened because some of the more aggressive bidders in the past are no longer in a position to consider acquisitions. Despite reduced acquisition prices, many privately owned leasing companies likely will choose to be acquired in the next few years.
Their pressing needs for equity capital and lower-cost debt sources do not allow them to wait until the IPO market is again receptive to leasing company stocks. What can your leasing company do to avoid the highly publicized pitfalls experienced by so many publicly-owned leasing companies and a few venture capital-backed companies? The leasing industry's credibility is at issue, and it is in every leasing company's best interests to work to restore that credibility with equity investors and funding sources.
Leasing companies cannot achieve acceptable profitability and growth levels without access to new equity investors and competitively priced debt. Credibility is based upon trust, and that trust must be earned. Leasing companies need to be candid with their investors and lenders; bad news should be disclosed sooner rather than later. Accounting practices should be conservative and not aggressive.
Bad debt reserves must be maintained at adequate levels and residual valuations should err on the low side. It may be tempting, especially for public companies, to use aggressive accounting practices when necessary to meet earnings targets. However, the ramifications of losing credibility are so severe that no leasing company executive should ever consider issuing financial statements that are misleading. Investors and lenders have reason to be skeptical about leasing company accounting practices.
Companies that are not forthright in their financial reporting hurt not only themselves but also the entire leasing industry.
Investors and lenders want to be involved with leasing companies that have a history of consistency and predictability of results. Why is it that public leasing companies, with their greater access to capital, appear to get into more financial difficulties than the larger privately owned leasing companies? There is pressure from the investment community on public companies to achieve earnings per share growth each quarter.
Managing a leasing company for short-term profitability is often not in the company's best interests. A leasing company should be willing to sacrifice short-term profitability to invest in activities that will produce superior returns over a 3 to 5 year time horizon, but this is easier said than done at many public companies. The use of gain on sale accounting, although proper, means that companies have to increase lease originations each quarter in order to maintain earnings growth.
Public companies using gain on sale accounting may have more temptation to relax credit standards to meet the quarterly lease originations goal. Just as a leasing company cannot be successful over the long term unless it maintains its credibility, it also cannot be successful without a strong and cohesive management team.
Management must emphasize strong credit controls, because bad credit decisions are the leading cause of leasing company crises and failures. The next economic downturn will likely claim a number of leasing companies whose management did not have the strength to say "no" to credit submissions they should have declined.
Management must be profit driven, not volume driven. Too many leasing companies appear overly anxious to win the lease rate battle while not realizing they are losing the war, because without an adequate return on equity a leasing company will not survive over the long term. Many leasing companies lose control over expenses during good times; enlightened management will maintain tight budgetary cost controls at all times.
Management needs to develop long term market strategies and financial plans and then ensure that the company develops the diversified and competitive debt sources and the equity backing required to achieve those plans. Every leasing company has a stake in improving the credibility of the leasing industry. The problems of a number of publicly-owned and venture capital-backed leasing companies reflect poorly on the potential of the industry for equity investors and lenders.
To help restore the industry's credibility with capital sources, leasing companies need to follow conservative accounting practices, make timely and complete disclosures to investors and lenders, maintain strong credit controls and manage for long-term profitability. Bruce Kropschot is President of Kropschot Financial Services of Stuart, Florida, a merger and acquisition advisory firm for the equipment leasing and financing industry that he founded in Kropschot Financial Services has arranged over acquisitions of equipment leasing and specialty finance businesses and has been ranked as the leading provider of merger and acquisition advisory services in this sector.
Chronologically, following the list: The president and several officers wound up in jail. Later the company was sold to Key Equipment Finance. General Electric Capital Corp. It should be noted these numbers do not include dividends, nor investors who bought and sold as the stocks went up or went down during the time period, but are based solely on the original IPO. Public Leasing Company Stock http: A vendor partner we worked with a few years ago provided us with some revealing research information about the sales profession.
Among working professionals, it appears that salespeople, generally, are a well-balanced, stable group. In their work as purveyors of sales excellence, this vendor maintains a database of over , sales candidates, , business decision-makers, and sales forces. Understanding salespeople, and formulating actuarial tools that predict success in sales, is a core part of their business. Here is some of the interesting information they have discovered:. Among doctors, lawyers, athletes and salespeople, which profession would you guess has the highest average return for their investment in education?
According to the Bureau of Labor Statistics, it is salespeople, not doctors, lawyers or athletes, who enjoy the highest average return for their investment in education. Who has the highest suicide rate among dentists, psychologists, business executives, laborers and salespeople? If you guessed dentists, you would be right. With all the rejection most salespeople endure on a daily basis, you might think salespeople rank high on this list.
In reality, salespeople have the lowest rate of suicide among these groups. When comparing politicians, TV personalities, building maintenance workers and salespeople, it's salespeople who have the lowest rate of early heart or other stress related diseases.
Maybe even onerous, unrealistic sales quotas aren't enough to overly stress most salespeople. Which profession, among surgeons, entrepreneurs, writers and dentists has the highest divorce rate? For some reason that I'll let you speculate about, dentists again top this list. The sales profession is second lowest on the list, and only Catholic Priests have a lower rate of divorce!
This should all be good news for sales managers and senior managers. It should be comforting to know that most salespeople enjoy a high average return for their investment in education, do themselves in much less often that other professionals, are less likely to succumb to stress and other stress related diseases than many other professionals, and stay married longer than many groups of top professionals.
It's no wonder salespeople successfully endure constant rejection from customers, uncomplimentary skits on Saturday Night Live, and the blame for lagging sales, even when their company's product or service offering are at fault.
It seems that well-adjusted, optimistic, stable people just naturally gravitate to the business of sales! You can reach Steve at schriest selling-up. Sales Makes it Happen articles: Lake Success, New York Process daily sales activities. Previous industry experience not required although a plus Please submit your resume for confidential review to: Advantage Funding, a leading national commercial vehicle and transportation equipment leasing and finance company seeks an. Our financing products are offered to new and existing relationships in the commercial coach, limousine, school bus, paratransit, funeral car, minibus and transportation industries.
TEQlease provides customized equipment leasing solutions for businesses. The Federal Reserve Board and the U. Treasury Department have approved an extension to the Term Asset-Backed Securities Loan Facility, but do not expect to open the program to new types of collateral.
Auto lease deals this year are expected to slip well below the 2-million mark for the first time in more than a decade, says Tom Webb, chief economist of Manheim Consulting, a branch of a major auction firm. With a continued decline in new-vehicle deliveries and a further retrenchment of lease penetration rates, he's estimating new lease originations will reach only 1.
That compares with a peak 3. The effects of less leasing now will be felt in two to three years. New-vehicle lease penetration rates, which began to fall sharply in second-half , continued to decline in first-half , according to Manheim tracking. Given the reduced access to capital and the residual-risk exposure, it is unlikely leasing will soon, if ever, return to previous highs, Webb says in Manheim's Mid-Year Used-Car Market Report. But he adds that leasing remains an important financing option, especially for high-line vehicles and can be a "win-win-win" for auto makers, dealers and consumers, "if done right.
GM is inching back into leasing, but not to drive volume nor dramatically lower monthly car payments, says Mark LaNeve, the auto maker's sales chief. A press release states, "to better indicate the wide range of financial services their one-of-a-kind organization can make available to its members.
While there are many affiliated groups, partnerships, independents who have joined together for non-recourse and recourse lines, OneWorld Business Finance "is a business cooperative created to help independent equipment leasing and finance companies further their common interests and to obtain greater marketing strength and funding power in the industry Some of our members are mid-sized companies, some are small companies. Some of our members are vendor driven, some are end-user driven.
Lou Manitzas remains as president lmanitzas oneworldleasing. Alternative Capital the Future Group, Inc. Enterprise Financial Solutions, Inc. North Carolina Leasing Resources, Inc. Select Equipment Leasing Co. Target Equipment Leasing, Inc. Full List of members and their companies Please note the Main Street Cooperative Group at the bottom of the list of members is a cooperative formation group and is not part of OneWorld Business Finance but helped create it.
You'll learn how to build core competencies, advance your career and manage today's changing workforce in your choice of six workshops. Hear how to master change from our three headline speakers. There's even a Deep Dive Career Development Workshop for those who want to take their Summit experience one step further separate registration required for Safari and Deep Dive.
Register now Download Summit Planner Summit website. For more information Contact Us. Lodging All events will be held at the full-service Sheraton Dallas Hotel in the heart of the city's downtown art and financial district. Fast Kim Feil center , chief marketing officer for Walgreens, will explain how to manage your career and move up in today's fast-moving economy.
CIT has become a customer to itself as to what it originally started as a "factoring company. In its second quarter SEC filing, a page event, "Funding and Liquidity Updates" takes three pages, page , and "Risk Factors" takes eight pages, page This is by no means a synopsis or even a "study," as the entire page PDF follows for readers who want to take the time to read the filing in entirety.
Here are excerpts, which the title aptly labels "baggage: The Company currently expects to complete development of and begin executing on the restructuring plan prior to October 1. High lease rates, negotiated during the peak of the cycle have mitigated the impact of some industry softness primarily from certain Mexican airlines, whose passenger loads were impacted by health concerns resulting from the swine flu outbreak. At June 30, , our commercial aircraft portfolio was fully utilized.
For the remainder of the year we expect pressure on margin, reflecting softened lease rates on new deliveries and newly remarketed aircraft; and on asset sale gains, as continued illiquidity in the market impacts buyers and their ability to finance used aircraft.
As leases expire, fewer cars are being renewed, and those that are renewed are done so at lower rates and periods. We will continue to deploy a strategy where keeping cars on lease takes priority as we look to best positioning our cars for a market recovery and cycle turning point.
Other income opportunities have been extremely limited as there is virtually no secondary market for discrete rail car sales. Also, our ability to scrap cars has been severely hampered due to lower scrap steel prices. The termination of the vendor finance program is not expected to have a material impact on the Company's net income for These uncommitted lines of credit can be reduced or canceled by CIT at any time without notice.
Management's experience indicates that customers related to vendor programs typically do not seek to exercise their entire available line of credit at any point in time. These lines of credit include vendor finance programs for Dell customers. The joint venture provided Dell with financing and leasing capabilities that were complementary to its product offerings and provided CIT with a source of new financings.
We also retain the vendor finance programs for Dell's customers in Canada and in more than 40 countries outside the United States that are not affected by Dell's purchase of our DFS interest. CIT also has a joint venture arrangement with Snap-on Incorporated "Snap-on" that has a similar business purpose and model to the DFS arrangement described above, including limited credit recourse on defaulted receivables.
In July , Snap-on notified CIT that it was terminating the joint venture agreement, which had been scheduled to terminate January The termination of the joint venture is not expected to have a material impact on CIT's origination volume, asset levels or net income prior to the first or second quarter of The Snap-on joint venture is accounted for under the equity method and is not consolidated in CIT's financial statements.
This entity is not consolidated in CIT's financial statements and is accounted for under the equity method. Care , an externally managed real estate investment trust RE1T , formed principally to invest in healthcare-related commercial real estate.
Consolidated Financial Statements 31". A subsidiary of CIT provides services to Care pursuant to a management agreement. The investment in Care is accounted for under the equity method, as CIT does not have a majority of the economics expected losses and residual returns in the entity. Specifically, it is alleged that the Company, its CEO, its CFO, its former Vice Chairman, and its former Executive Vice President and Controller, violated Section 10 b of the Act by allegedly making false and misleading statements and omissions regarding CIT's subprime home lending and student lending businesses.
The allegations relating to the Company's student lending businesses are based upon the assertion that the Company failed to account in its financial statements or, in the case of the preferred stockholders, its registration statement and prospectus, for private student loans related to a helicopter pilot training school, which, it is alleged were highly unlikely to be repaid and should have been written off.
The allegations relating to the Company's home lending business are based on the assertion that the Company failed to fully disclose the risks in the Company's portfolio of subprime loans. SLX ceased originating new loans to students of this school in September , but a majority of SLX's student borrowers had not completed their training when the school ceased operations. Collectability of the outstanding principal and interest on the balance of the loans will depend on a number of factors, including the student's current ability to repay the loan.
Consolidated Financial Statements 29". Lawsuits, including four putative class action lawsuits and one collective action, have been filed against SLX and other lenders alleging, among other things, violations of state consumer protection laws. In addition, several other attorneys who purport to represent student borrowers have threatened litigation if their clients do not receive relief with respect to their debts to SLX.
SLX participated in mediation with several class counsels and the parties have made substantial progress towards a resolution of the student claims against SLX, and has completed a settlement of a mass action commenced by students in Georgia, which is binding upon 37 SLX borrowers.
The Attorneys General of several states are reviewing the impact of the helicopter pilot training school's closure on the student borrowers and any possible role of SLX.
SLX is cooperating in each of the Attorney General inquiries. Management believes the Company has good defenses in each of these pending and threatened matters and with respect to the Attorneys General inquiries.
However, since the loans are unsecured and uncertainties exist regarding collection, management continues to attempt to resolve these matters as expeditiously as possible. CIT is fully cooperating with the remaining investigations. The provision for credit losses, non-accrual accounts and charge-offs increased from the prior quarter. We expect non-accrual loans and charge-off levels to remain elevated through at least the remainder of The decline in interest margin slowed during the second quarter after compressing 25 basis points during the first quarter.
The second quarter reflected lower interest expense on lower debt balances and somewhat better funding costs and yield-related fees, which were offset by termination fees on certain borrowing facilities and higher nonaccruals. We expect margins to remain under pressure from high non-accrual loan balances and other factors, including operating lease rental declines, increased cost of borrowings due to credit rating downgrades and recent funding arrangements. If the facilities are not renewed, the assets already held will remain outstanding and the obligations will be repaid out of the cash flows from the assets.
In order to satisfy the Company's funding needs, the Company will need to extend debt maturities, or potentially sell assets to generate sufficient cash to retire the debt.
During the following week, the draws normalized and some repayments were received. During the same period, there was higher than normal requests for advances on factoring credit balances by customers in the Company's Trade Finance segment. Monday Extra Article send to readers: At the same time, Ivory reported it has launched a new Web site http: For financial services professionals, having loan and lease origination pricing information on hand at the moment they are ready to close a transaction is a critical business imperative.
The tool was tested over the summer and is expected to be widely received as more and more sales and marketing professionals want to have all of their operational tools available from wherever they are meeting their customers. How do we get sophisticated and accurate pricing to people in the field for opportunities where a stand-alone application or a complete origination system isn't called for?
Ivory's QuickTRUMP is a centrally-managed, highly customizable way for anyone with Web access to do sophisticated equipment finance pricing. By configuring the interface to provide only those pricing options appropriate to the task at hand, equipment finance companies can put highly specialized and sophisticated quoting power within ready reach of anyone who needs it, even those with little or no lease pricing experience. The pricing calculations, which remain under management's complete control, can be as sophisticated as needed, including taxes, tax credits, complex look-ups, RAROC - whatever is required.
Access to a pricing Web page can be controlled through log-in, and quotes can be saved off into a central database, enabling management review and analysis. Since , Ivory has pioneered the development of lease pricing and analysis software, delivering exceptional results and customer service in the process. In partnership with the top leasing software companies in the industry, Ivory provides thousands of users with enterprise-wide pricing intelligence through desktop-, server-, and Web-based systems.
Bank lending expected to remain tight in http: FDIC taking bids on big Texas bank http: Commercial real estate gets worse http: Steve, Elaine Wynn sell 2 million shares http: Robert Novak, Pugnacious Columnist, Dies at 78 http:
McHenry County College, Crystal Lake, Illinois: A comprehensive community college offering traditional credit courses, continuing education and corporate. Local news and events from Crystal Lake, IL Patch. Latest headlines: Woodstock School District seeking applications to fill board seat. The Woodstock. Housekeeping jobs available in Crystal Lake, IL on www.siliconirelandnewswire.com Housekeeper - Housekeeping Looking for TRAINERS /hr . Crystal Lake, IL equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age.