Legal or Scam? http://www.lfpdistrogroup.com/

[beyondsale]

Hello,
I also lost money to this lfpdistrogroup. I ordered 50 iphones for $16,450 and never received them. I am in the process of putting together a lawsuit against them. To do so I need the help of everyone who lost money. Please contact me at service @ pdacable.com . Make sure you leave out the spaces.
Thanks
Nathan

[divadist]

Just wanted to pass on the "learning experience" I had which prompted me not to do business with LFP via credit card (I was going to have a local friend do a cash transaction in person but LFP obviously never consummated the deal).

Remember how LFP said "we accept American Express"? Well American Express and credit cards in general make you feel so "protected" with the buyer protection program BUT you really aren't, at least not for large purchases, so you need to read the fine print.

American Express does NOT post their policy on their website. I had to call and special request a copy to be faxed to me and it took 3 days to get it.

I'm sure VISA and MC are quite similar...here are the key bullet points for you to consider

-Coverage limited to $1,000 per occurrence unless you are a Centurian or Platinum card member in which case it's $10,000 per occurrence
-Coverage for theft, accidental damage, vandalism....(lost covered for Centurian and Platinum)
-You must provide proof of purchase and proof of theft, accidental damage, including vandalism to qualify.
-Must have original store receipt and original American Express charge receipt.
-Coverage is in EXCESS of any other insurance policy you have
-PURCHASES NOT COVERED include:
----items purchased for resale, professional, or commercial use on non Business Cards;
----travelers checks, used/refurbished items, antiques, rare stamps/coins
----items rented, leased or borrowed for which you are responsible
-OCCURRENCES NOT COVERED include:
----Occurrences caused by any of the following: FRAUD, ABUSE, RISKS OF CONTRABAND, ILLEGAL ACTIVITY OR ACTS
----items lost, damaged, or stolen under the care and control of a third party or common carrier;

American Express only protects you IF IT'S NOT FRAUD. If you authorized the charge and you don't get the product YOU ARE NOT COVERED BECAUSE THIS IS FRAUD! So even if you did pay with a credit card, the money would still have been lost anyway.

Paypal is another great example of a smoke and mirrors buyer protection. Paypal ONLY guarantee's and offer's buyers protection for EBAY purchases only. The buyer's protection it offers on for EBAY purchases is only up to $200 unless you are buying from a power seller who has sold to at least 50 unique buyers and has a 98% positive feedback rate, at which case it is $2000 buyer protection....yeah you're protected once the seller has already proven themselves to be trustworthy over and over.

If you have not bought through Ebay then what happens is that you enter a dispute and IF THE SELLER HAS MONEY IN THE PAYPAL ACCOUNT, it will be frozen until the dispute is resolved. But if the seller has already withdrawn all the money from fraudulent transactions, then you will be still be left hung out to dry because Paypal does not guarantee the funds and will NOT cover the loss.

I also figured out a way to see a paypal user's history and status. Paypal customer service will not tell you if a user is verified or not or how long they've been a member. I thought this would be a good signifier of how legit an entity might be. Anyway, I found a way around this by doing the following: 1) log into paypal account 2) click on "Send Money" tab 3) fill out email and amount to the person/entity with paypal account...put $1 for amount 4) click "continue" (you'll have a chance to review before sending money) 5) on the review screen it will tell you if a person is verified or not and for how long they've been a member. For example you can check me out at trustedelectronics[at]gmail.com....I'm double verified Premier Member. If you click on that link "Verified Premier Member" or whatever it is for the person you are investigating....it will tell you when they opened their account, account status, and how many verified buyers they've had. 6) Click "Cancel" to end transaction

Good luck and hope you've learned something valuable!

[nomaxim]

divadist,
Welcome to RR.

These issues are covered under Federal Law if your in the US.
(You also have to take local, State, laws and regulations into consideration. Also, check your laws and regulations if in another country.)

Fair Credit Billing Act,

Fair Credit Billing

Have you ever been billed for merchandise you returned or never received?
The law applies to "open end" credit accounts, such as credit cards, and revolving charge accounts - such as department store accounts.

What types of disputes are covered?

-charges for goods and services you didn't accept or weren't delivered as agreed

Non-delivery of goods falls under this law in the US. Since the merchandise wasn't delivered as agreed, you can dispute the charge on your bill. This is usually handled by the CC company's by doing what is known as a 'charge-back' against the merchant. Granted there are limits to coverage in this area. I am not aware of any Fed. regulations, however, the various States do. Things like default APR limits, late fees, and such are usually regulated by the States, in the US. Other countries would of course have their own laws and regulations.

Also, from the FCBA,

-unauthorized charges. Federal law limits your responsibility for unauthorized charges to $50;

This would apply if someone used your CC without your permission. Many CC issuers are now going as low as $0 liability for the consumer in this regard.

NOTE: The above is for personal CC accounts, business accounts might have different guidelines. I don't have a business account so I have no idea there. It is always a good idea to know the limits on your accounts. You are your own best protection against fraud. Again, as you stated;

-Centurian or Platinum card member in which case it's $10,000 per occurrence.
-items purchased for resale, professional, or commercial use on non Business Cards

I would suggest that you always use your business card for business related purchases.

-Occurrences caused by any of the following: FRAUD, ABUSE, RISKS OF CONTRABAND, ILLEGAL ACTIVITY OR ACTS

I believe that this part is referring to you (the card holder) if committing these acts. For example, say you tried to buy counterfeit goods or pirated movies that were seized by customs, you would not be covered.

Point is that I see no reason for LFP Disto Group not to have had a CC merchant account. Notably since they are advertising single units for sale and are located in the US.

EDIT:
You may also want to check out the 'Mail Order Rule' or '30 day Rule'. While this is not a law, only a regulation, it requires the merchant to follow certain guidelines in relation to billing, shipping, canceling, and notifying consumers about order status.

[beyondsale]

To all those who lost money from lfp distro group. Please contact me right away. I am filing a lawsuit in federal court against lfp distro and the companies that provided them the services, phone, office etc. To do so I need to include your losses in the lawsuit so the total amount is over $50000. This won't cost you any money . I have hired the attorney. Any recovery you will be entitled to your share. Please call me asap. My lawyer wants to start the process December 1st.
218-851-1101

Thanks
Nathan

Originally Posted by beyondsale

Hello,
I also lost money to this lfpdistrogroup. I ordered 50 iphones for $16,450 and never received them. I am in the process of putting together a lawsuit against them. To do so I need the help of everyone who lost money. Please contact me at service @ pdacable.com . Make sure you leave out the spaces.
Thanks
Nathan

[frostbitetwice]

Originally Posted by beyondsale

To all those who lost money from lfp distro group. Please contact me right away. I am filing a lawsuit in federal court against lfp distro and the companies that provided them the services, phone, office etc. To do so I need to include your losses in the lawsuit so the total amount is over $50000. This won't cost you any money . I have hired the attorney. Any recovery you will be entitled to your share. Please call me asap. My lawyer wants to start the process December 1st.
218-851-1101

Thanks
Nathan

What state are you in??

[frostbitetwice]

Originally Posted by nomaxim

More info at How does TrustPoints works?;
Per you present ratings you have only had 2 feedbacks since July. And according to the above rating system, it appears that those 2 feedbacks cancelled each other out. You score is still at 3000.

Also some info on Tradekey from thewholesaleforums.co.ukBold text added by me.
\


EDIT:
Per knightfdn.org
feinsearch.com. NOTE: You must register to use this one, Sorry.The above check was done by the numbers, a partial name search, term- 'LFP', gives these returns;NOTE:

The best post ever, Master Nomaxim...

[beyondsale]

I am in Minnesota but the case will be in Federal court so state Jurisdiction doesn't matter. Are you a victim. If so please contact me asap. My lawyer wants to finalize the plantiffs so we can begin.

Thanks
Nathan

Originally Posted by frostbitetwice

What state are you in??

[nomaxim]

Originally Posted by frostbitetwice

What state are you in??

pdacable.com/servlet/the-template/about/Page

Thanks for your interest in PDA Cable. In business since 2002, our mission is to provide the best prices and quality for all your accessory needs. We will be adding extra features over the next few months, so come back regularly. You can contact us at: service @pdacable.com or by phone at (218) 851-1101. We are located at: PO Box 725 PINE RIVER, MN 56474

A little leg work there FBT.

Originally Posted by beyondsale

I am filing a lawsuit in federal court against lfp distro and the companies that provided them the services, phone, office etc.

Total victims are 4 AFAIK at this time. Losses total ~$60-65,000.
Defendants so far would included;
The State Of Massachusetts
Bank of America
Sovereign Bank
The Regus Group
Nextel Communications
GoDaddy.com
DSCI Corporation

From what I can tell LFP Distro Group was a company on paper only. The person involved a Mr. Phaneuf is 70 years old, just had a birthday, and appears to no longer live in MA. but VA.

IMO, Mr Phaneuf may be a victim of ID theft. All the bank accounts, business registration, cell phone, and mail dropbox could have been set up online with nothing more then a stolen drivers license.

Unless, of course, a 70 year old guy did this on his own and then was stupid enough to use his real name.

Anyway, good luck with your lawsuit.

[beyondsale]

About the companies you listed here. I wanted to ask where you came up with some of them. The ones I had figured where bank of america, sovereign bank, regus group, godaddy(registar). I had paetec as the phone company(they confirmed the phone number was theres), where does nextel come in? Also how does Dsci fit in? If you can help fill in the details it would help me. Also please urge all victims to contact me. We are over the $50000 mark but one of them is international. I don't know if that will be allowed. From speaking with a couple of people that didn't give me there info the losses are closer to $75000-$100000. Can I get email address for the people who claimed a loss on this forum? I really need for them to contact me to be in on the lawsuit and share in the settlement.

Thanks
Nathan

Originally Posted by nomaxim

pdacable.com/servlet/the-template/about/PageA little leg work there FBT.

Total victims are 4 AFAIK at this time. Losses total ~$60-65,000.
Defendants so far would included;
The State Of Massachusetts
Bank of America
Sovereign Bank
The Regus Group
Nextel Communications
GoDaddy.com
DSCI Corporation

From what I can tell LFP Distro Group was a company on paper only. The person involved a Mr. Phaneuf is 70 years old, just had a birthday, and appears to no longer live in MA. but VA.

IMO, Mr Phaneuf may be a victim of ID theft. All the bank accounts, business registration, cell phone, and mail dropbox could have been set up online with nothing more then a stolen drivers license.

Unless, of course, a 70 year old guy did this on his own and then was stupid enough to use his real name.

Anyway, good luck with your lawsuit.

[nomaxim]

Originally Posted by beyondsale

where does nextel come in? Also how does Dsci fit in?

See posts 2 & 4 in this thread dated 23SEP2007.
Cell phone number is Nextel-http://www.whitepages.com/9901/searc...caltime=survey
Fax number is DSCI-http://www.whitepages.com/9901/searc...caltime=survey

People that claim to have lost money.
lg0703-$30,000, Location Australia.
nyctiago9-$5,500, Location unknown.
iffizworld-Amount unknown, Location US.
Sjpark19-$20,000 ($20,500), Location US.
Auto Art-$3,790, Location unknown.
Note that Auto Art posted on 10NOV that he was doing a charge back which should have been successful, so I am not counting him. Nor did I count iffizworld, no info was provided.
Total $55,500-56,000.

Plus yours of $16,450 = ~$72,000, but if lg0703's $30,000 doesn't count then you are down to ~$42,000. Also don't know where nyctiago9 is located, that could drop it down too ~$36,000.

iffisworld and Sjpark both haven't posted back either here or at TWF since their original posts. If you don't have any of these people's email addy then try to PM or email them through their profiles.