UPDATED October 10, 2007

As the Author of this section of the Western Capital Site, It is essential the everyone know that the loss of equity is not specific to Utah, but is happening all throughout the nation. We simply are profiling The Franklin Squires Organization because this is the company that WE almost lost a million dollars with. We have spent the past month on this issue and many members of the media from around the world have issued inquires into this matter. We even issued a national press release to clarify our position. But the most astounding thing is the manner in which the Franklin Squires Students are dealing with this. There is little hostility, but there exists a true colloquy from a religious perspective about the pro's and con's of judgment, assuming and personal accountability for not looking inward first, prior to castigating the messenger

This is amazing to see.. USUALLY in matters such as this there are people who decide that they MUST BE HEARD and to hell with their morals,,, but we are seeing something different out of Franklin Squires.....Accountability, fostered by their own peers!

Hey, we all make mistakes. I know that I have made my share of them. Rick Koerber has clearly outlined what happened in Wyoming and this has satisfied many. Maybe it is not up to us to go public on issues such as this. I sure would love to have lunch with Rick and get a real look at the man behind the signs, Who knows, he may have a group of students who USED HIM.

Just A Thought,

Robert Paisola

CEO

Western Capital

For Information Updates on Franklin Squires and www.FreeCapitalist.com Please Click Here FOR A LIVE CALL WITH THE UTAH DEPARTMENT OF SECURITIES DIRECTOR THAT HAS CONFIRMED THE OFFICIAL INVESTIGATION INTO FRANKLIN SQUIRES

October 10, 2007 Franklin Squires and Rick Koerber owe me $30,000- And Says They Can't Pay!

Hi. I just wanted to thank you for all of the great information you have provided regarding Rick Koerber and his money scam. I invested $30,000 of my mom's retirement money in May and started looking on the internet just two months later when I called the note in and was told they didn't have the money. Interest payments subsequently stopped as well. I contacted Michael Hines like your website said and got the ball rolling from my end. I don't understand why more people are not willing to step up to the plate. Koerber is the bad guy right? I can't decide if the people I invested with (neighbours') are bad as well or not. Anyway, I wanted to say thanks. I'm worried that Koerber is going to walk on this one too. What do you think?? My phone number is 801-372-XXXX. My email is @msn.com. Thanks! Wendy

www.FranklinSquiresLawsuit.com on KSL NBC Television Affiliate

BEFORE THE SECRETARY OF STATE

STATE CAPITOL

CHEYENNE, WYOMING 82002-0020

IN THE MATTER OF	)
	)
National Business Solutions, LLC	)
A Securities Issuer,	)
	)
And	)	Case # 00-04
	)
C. Rick Koerber,	)
Individually and as a managing partner,	)
	)
Respondents.	)

Petition for Order to Cease and Desist
and Impose Sanctions for
Violations of Wyoming's Uniform Securities Act

COMES NOW the Wyoming Securities Division and states as follows:

Jurisdiction

1.	Wyoming Statute ("Wyo. Stat.") §17-4-118 states that:

(a)

This act [ Wyoming’s Uniform Securities Act] shall be administered by the secretary of state.

2.	As administrator of Wyoming’s Uniform Securities Act, the Secretary of State has jurisdiction over any person, whether registered or not, who willfully violates any provision of the Wyoming Uniform Securities Act [Wyo. Stat. §17-4-101 et seq.] and the sales conduct of securities issuers, agents, broker-dealers, the securities they sell and enforcement of the Act’s anti-fraud provisions. [Wyo. Stat. §17-4-124(f)].

3.	W. S. §17-4-106 states:

(a)

The secretary of state may by order deny, suspend, make conditional or probationary or revoke any registration or may impose a civil penalty, require restitution to investors, censure or reprimand, require remedial training, impose special reporting requirements or impose other conditions, which he determines to be in the public interest, against any registration or registered person if he finds:

		(i)	That the order is in the public interest; and

		(ii)	That the applicant or registrant or, in the case of a broker-dealer, any partner, officer, or director, any person occupying a similar status or performing similar functions, or any person directly or indirectly controlling the broker-dealer:

* * * * * * * * * * * * * *

(B)

Has willfully violated or willfully failed to comply with any provision of this act or a predecessor act or any rule or order under this act or a predecessor act;

* * * * * * * * * * * * * *

(G)

Has engaged in dishonest or unethical practices in the securities business;

4.	W. S. §17-4-124 states:

(a)

The secretary of state may from time to time make, amend and rescind such rules, forms and orders as are necessary to carry out the provisions of this act...

* * * * * * * * * * * * * *

(f)

.... In addition to any other civil or criminal penalty provided in this chapter any person, whether registered or not, who willfully violates any provision of this chapter may be assessed civil penalties, be required to pay restitution and costs or to rescind the transaction or transactions and pay costs, is the secretary of state finds it in the public interest.....

Factual Allegations:

5.	On June 13, 2000 the Securities Division of the Wyoming Secretary of State’s Office participated in a securities investigation on referral from the Casper Police Department pursuant to Wyo. Stat. §17-4-119. As a result of said investigation it is hereby alleged that Respondents, National Business Solutions, LLC. ("NBS"), and C. Rick Koerber, did commit violations of the Wyoming Securities Act.

6.	The investment opportunities in NBS, offered and sold by the respondents, as represented in verbal presentations and evidenced by stock certificates, subscription agreements and other documents, are securities as defined by Wyo. Stat. §17-4-113 (a)(xi).

7.	NBS, located at 240 South Wolcott, Casper, Wyoming, 82601, doing business as GlobalCentral.com, was formed with the Wyoming Secretary of State as a limited liability company on May 30, 1997. The registered agent listed with the Secretary of State for NBS, is C. Rick Koerber, whose registered address is 240 South Wolcott, Suite 238, Casper, Wyoming 82601.

8.	The Articles of Organization of NBS, Article V, filed with the Secretary of State on May 30, 1997, indicates that the total amount of capital contributed to the company is $10.00. As of September 21, 2000 no additional capital contributions to NBS have been reported to the office of the Secretary of State.

9.	The Articles of Organization of NBS, Article VIII, filed with the Secretary of State on May 30, 1997, state that the management of the company is reserved to the members. The names and addresses of the members are C. Rick Koerber, 240 S. Wolcott, Suite 238, Casper, WY 82601; Russ Donley, 240 S. Wolcott, Suite 234, Casper, WY 82601; and Barry Hawker, 1914 E. Cortez Drive, Gilbert, AZ 85234.

10.	In the notes to the December 31, 1999 Financial Statements for NBS prepared by Porter, Muirhead, Cornia & Howard, a Corporation of Certified Public Accountants, NBS is described as having its principal business activities as "internet access services, web page construction & advertising and referral services nationwide."

11.	During the period of the alleged securities violations herein, February 2000 through July 2000, NBS’s standing with the Wyoming Secretary of State was delinquent for failure to timely file its annual report and pay annual fees due under Wyo. Stat. §17-15-112 and 17-15-132. NBS’s authority to conduct business in Wyoming was never revoked and NBS has paid all delinquent filing fees due to the State of Wyoming.

12.	During the period February 18, 2000, through July 7, 2000 at least eleven (11) people, acting on behalf of NBS as agents, contacted approximately two hundred (200) persons identified as potential investors. The persons contacted included Wyoming residents and non-residents. The agents offered the potential investors an opportunity to invest in NBS through the purchase of stock.

13.	During the period February 18, 2000, through July 7, 2000, NBS did in fact distribute stock to not less than one hundred forty-six (146) persons. Stock was issued for and in consideration of the total receipt of not less than one hundred sixteen thousand dollars ($116,000).

14.	During the period February 18, 2000, through July 7, 2000, NBS issued stock for and in consideration of services rendered by agents and/or employees of NBS.

15.	During the period February 18, 2000, through July 7, 2000, approximately thirty (30) persons, including high school students, received stock without payment of any consideration being paid to NBS.

16.	NBS has neither registered a security offering with the Wyoming Securities Division, nor has it filed for an exemption from registration.

Broker-dealer and agent registration:

17.	Wyo. Stat. §17-4-103 states in part:

(b)

It is unlawful for any broker-dealer or issuer to employ an agent unless the agent is registered. The registration of an agent is not effective during any period when he is not associated with a particular broker-dealer registered under this act or a particular issuer. When an agent begins or terminates a connection with a broker-dealer or issuer, or begins or terminates those activities which make him an agent, the agent as well as the broker-dealer or issuer shall promptly notify the secretary of state.

18.	NBS and C. Rick Koerber violated Wyo. Stat. §17-4-103 by employing not less than eleven (11) persons to act as agents in connection with the offer and sale of a security in NBS. NBS indicated said employment through the payment of commissions to said agents upon the receipt of investor’s money. NBS and C. Rick Koerber knew or should have known said persons were not registered by the Wyoming Secretary of State with any broker-dealer and were not registered as securities agents for the issuers, NBS and C. Rick Koerber.

19.	NBS and C. Rick Koerber, acting as an issuer of securities, violated Wyo. Stat. §17-4-103 by failing to notify the Secretary of State that they had employed any person as an agent for the purpose of selling a security in NBS.

Unregistered security offering:

20.	Wyo. Stat. §17-4-107 states:

(a)

It is unlawful for any person to offer or sell any security in this state unless:

		(i)	It is registered under this chapter;
		(ii)	The security or transaction is exempted under W.S. §17-4-114; or
		(iii)	It is a covered security.

21.	NBS and C. Rick Koerber, acting individually and/or in his capacity as a managing member of NBS, failed to file a securities registration for NBS with the Secretary of State Securities Division.

22.	The securities offered by NBS and C. Rick Koerber were not registered, were not exempt from registration and were not “covered” securities (based on the regular business records kept by the Wyoming Securities Division) pursuant to Wyo. Stat. §17-4-114.

23.	National Business Solutions, LLC. and C. Rick Koerber did offer and execute unregistered securities transactions during the period February 2000 through July 2000, a violation of Wyo. Stat. §17-4-107.

Limited Liability Company violations.

24.	Pursuant to the Articles of Organization of NBS, A Limited Liability Company, no new or additional members shall be admitted except as provided in its operating agreement. The Operating Agreement of NBS did not provide for new or additional members. NBS and C. Rick Koerber had no authority under the operating agreement to issue a security interest in NBS.

25.	The securities NBS and C. Rick Koerber offered and issued in NBS, which is registered as a limited liability company, were evidenced by stock and stock subscription agreements, which are exclusive security interests to corporations formed under the Wyoming Corporations Act, in contrast to membership interests as authorized by Wyoming Limited Liability Company Act, Wyo. Stat. §17-15-101 through 17-15-144.

False and misleading statements:

26.	Wyo .Stat. §17-4-101 provides in part as follows:

(a)

It is unlawful for any person, in connection with the offer, sale or purchase of any security, directly or indirectly:

		(ii)	To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading; or
		(iii)	To engage in any act, practice, or course of business which operates or would operate as a ..... deceit upon any person.

27.	NBS and C. Rick Koerber offered “stock” for sale in NBS at the rate of ten cents ($.10) per share. NBS and C. Rick Koerber knew or should have known that NBS was a limited liability company having the power to issue "memberships", not stock.

28.	NBS and C. Rick Koerber failed to disclose to potential investors that NBS had not amended its Articles of Organization or Operating Agreement to authorize issuance of new memberships to potential investors, a fact necessary to make other statements regarding the stock being offered, not misleading.

29.	NBS and C. Rick Koerber failed to inform investors that NBS was not in good standing with the Wyoming Secretary of State for failure to pay annual fees and had failed to report its additions to capital contributions to the Wyoming Secretary of State, a fact which if known, could have materially altered an investor’s decision whether the stock offered was validly issued and had potential value as an investment.

30.	NBS and C. Rick Koerber conducted security transactions by and through unregistered agents in violation of the Wyoming Securities Act.

31.	NBS and C. Rick Koerber conducted security transactions in unregistered and nonexempt securities in violation of the Wyoming Securities Act.

32.	NBS and C. Rick Koerber omitted to state material facts to investors in violation of the Wyoming Securities Act, that the stock was not registered, was not exempt or a covered security and was being sold through nonregistered agents.

33.	NBS and C. Rick Koerber issued to prospective investors a materially false and misleading investment package as of February 2000. Under the heading "Global Information Council: Non-Disclosure Agreement" the financial condition of NBS was described as follows:

The trend and growth of present day Internet companies is centered on over inflated and speculative ventures. Contrary to the trend in the Internet world, National Business Solutions, LLC dba GlobalCentral is in a superior financial position. Both the 1998 and the 1999 P&L shows that the company has been solidly in the black for the last two years. In addition the balance sheet reflects the unique success of the company in owing no long-term debts to any creditors and having operated essentially debt free since the beginning of 1998. Also showing an unusually strong asset base, the company is uniquely positioned to meet its future objectives.

34.

The investment package contained a profit and loss statement for the year ending December 1998 showing a net income of $34,674.95 and a profit and loss statement for the year ending December 1999 showing a net income of $15, 530.23. A Balance Sheet presented by NBS as of February 16, 2000 listed total assets of $194,319.73 and owner equity in the sum of $182, 247.38. The financial information presented was not prepaired in accordance with GAAP and was, therefore, misleading and a material misrepresentation of the financial condition of NBS.

	(a)	In fact, a financial statement prepared by the firm of Porter, Muirhead, Cornia & Howard, a corporation of Certified Public Accountants, prepared for NBS for the period ending December 31, 1999, indicates that the total assets of NBS as of December 31,1999 , were $76,487, not assets of $194,319. 73 as presented to investors.
	(b)	The Porter, Muirhead, Cornia & Howard financial statement indicates that member’s equity was at a deficit in the sum of $10,665 , substantially different from the $182, 247.38 profit presented to investors in February through July of 2000.
	(c)	The Porter, Muirhead, Cornia & Howard financial statement indicates that the company operated at a net loss of $13,992 for the period ending December 31, 1999, not at a $15,530 profit as presented to investors by NBS.

35.	C. Rick Koerber materially misstated his capital investment on the Balance Sheet of NBS as of February 16, 2000, in the sum of $169,640.91. The equity shown was in fact a “plug balance” figure and did grossly overstate the actual paid in capital by Mr. Koerber. Said Balance Sheet was included in the package of information provided to potential investors and was intended to be relied upon by investors in making their investment decision.

36.	NBS and C. Rick Koerber issued a false Balance Sheet dated February 16, 2000, listing internet property assets in the sum of $129,500. In fact those assets were listed at a speculative appraised value not reflecting the actual cost value of said assets, the sum of $403.00.

37.	NBS and C. Rick Koerber failed to disclose a material fact to investors that up to forty percent (40%) of their investment proceeds would be used to pay sales commissions.

38.	NBS and C. Rick Koerber failed to disclose a material fact to investors that up to ninety percent (90%) of the stock sale proceeds after commissions, would be disbursed for past and current operating expenses of NBS, not in the expansion or acquisition of assets to expand the business.

39.	NBS and C. Rick Koerber failed to disclose a material fact to investors that NBS was in fact operating at a loss during the period January 2000 through July 2000, the period when offers and solicitations of securities in NBS were made.

40.	NBS and C. Rick Koerber failed to disclose a material fact to investors that a portion of the stock sale proceeds would be used for the purpose of paying C. Rick Koerber and his family for past considerations.

41.	As an incentive to purchase stock in NBS, each investor who invested a minimum of $5,000 was to receive a "free computer." For two investors who did not have the cash to pay for stock and receive a "free computer," NBS arranged a consumer credit loan through Lease Acceptance. Under the terms of the investment the investor received stock and a computer, for and in consideration of a long term lease. The investor, in some cases, agreed to make sixty monthly payments of up to $280.00 per month with an annual interest rate in excess of twenty percent (20%). The investor was not advised that in fact he was purchasing stock on "margin", a practice within the securities industry which allows an investor to purchase more securities than they can otherwise afford using borrowed money. Failure to disclose and explain a "margin" transaction is a material omission of fact.

42.	NBS and C. Rick Koerber made oral statements to the effect that NBS would be "going public" through a listing on the National Association of Securities Dealers Automated Quotation (NASDAQ) System. One of the stated purposes of the stock sale proceeds was to expand the company and prepare the required paperwork for a listing. NBS and C. Rick Koerber adivsed investors that the value of the stock would increase as a result of a NASDAQ listing. NBS and C. Rick Koerber failed to use the proceeds of the offering to build company equity, increase assets, or engage professionals in the preparation of documents, the acts associated with making a public offering as represented to investors.

43.	NBS and C. Rick Koerber did make untrue statements and failed to make statements of a material nature in connection with the offering of a security, as set forth in paragraphs 27 through 42 above, in violation of Wyo. Stat. §17-14-101.

44.	NBS and C. Rick Koerber did engage in a practice and course of business as set forth in paragraphs 27 through 42 above, which operated as a plan of deceit or had the effect of deceiving those persons who were solicited and offered a security in NBS, in violation of Wyo. Stat. §17-14-101.

Public Interest and Protection:

45.	NBS and C. Rick Koerber have violated the provisions found in Wyo. Stat. §17-4-101,103 and 107 of the Wyoming Uniform Securities Act. They have engaged in conduct which is a threat to the investing public in Wyoming.

46.	A Cease and Desist Order is necessary and appropriate for the protection of investors, is in the public interest and is consistent with the purposes of the Wyoming Uniform Securities Act.

Wherefore, the Wyoming Securities Division prays that an order issue against NBS, its successors, affiliates, controlling person, officers, agents, servants, employees and every entity and person directly or indirectly controlled or organized by or on its behalf and C. Rick Koerber to cease and desist from further offers or sales of securities unless and until such securities, broker-dealer, and agents are registered pursuant to the Wyoming Securities Act.

Further, the Wyoming Securities Division prays that an order issue against NBS and C. Rick Koerber ordering full and complete disclosure of the financial condition of NBS as per an audit by a certified public accountant to all investors in NBS, that NBS be ordered to make an offer of recission to all persons who invested in a security in NBS and for such other relief pursuant to Wyo. Stat. §17-4-124 as appropriate, including a civil penalty, an award for the costs of investigation and such other relief as necessary to protect the investing public.

Further, that respondent C. Rick Koerber shall be denied an exemption from registration of any kind in connection with the issuance of a security for any offering wherein said respondent is a majority interest holder, managing partner or employee having responsibility for any financial duties with an issuer.

Done this 21st day of November, 2000.

	FOR THE STATE OF WYOMING
	SECRETARY OF STATE’S OFFICE
	SECURITIES DIVISION



	____________/s/_________
	James S. Mitchell, J.D.
	Project Administrator

Return to Wyoming Securities Enforcement Page

Franklin Squires and Associated Companies (Do you have a 700 Fico Score? Ads) Warned by Stat of Utah on "Equity Skimming"

Q: I live in Utah and have been hearing more and more about a company here called Franklin Squires. This company offers several different real estate investing seminars as well as a program through which people with credit scores of 720 or above can make money by partnering with this firm.

The basic premise as I understand it is that this firm buys up houses and then sells them amongst this group, using cash for three total transactions. Apparently this nullifies the need for an actual appraisal and the last sale value is the new "appraised value." They then pull out all the equity from the house, placing it in a pool for hard money loans. The person who purchases the house last and holds the note is paid a percentage of the sales prices plus his mortgage is covered for a certain amount of time.

I called Franklin Squires' support line and was told by the person who answered that the company couldn't put a lot of information on their Web site and that he couldn't really explain the program too fully unless I signed up for a $2,000 class. My concern is that these guys are artificially raising house values out here and causing everyone to overpay for their homes.

Does this seem like mortgage fraud? Jeff Smith.

A: I don't know this company at all. There certainly isn't a lot of information on the firm's Web site. But based on your description, something seems amiss.

No lender, at least not a professional lender, would give someone money to purchase a house without an independent appraisal, and neither should an investor, even a member of what appears to be a pool of investors. Also, it seems as though Franklin Squires' investment partners are simply passing properties around among themselves in order to raise values, which sounds like a classic case of flipping to me. And I'm wondering what the company's take is for putting the group together and finding the properties. I'll bet it's pretty high; perhaps 50% or more.

I'd check the company out completely with the Provo Better Business Bureau and with the state authorities which regulate real estate and mortgage entities. Also check with the Utah Attorney General's office.

And for what it's worth, even if the scheme you describe is legit, I wouldn't pay a plugged nickel to attend any kind of real estate seminar. If a real estate investor needs partners with money and/are good credit scores, he should welcome any and all comers with open arms, not charge a two grand entry fee.

Nationally syndicated columnist Lew Sichelman has been covering the housing market for 35 years. Because of the volume of mail he receives, he cannot answer individual questions, nor can all questions be answered in this space. E-mail lsichelman@aol.com

UPDATED MARCH 9, 2007

What will happen if I simply Ignore My Credit Card Debt?

IRS To Start New Tax Collection Program-Starting next week, more than 12,000 delinquent taxpayers will be getting notices that the IRS is turning their case over to a collection agency. Since those files will include names, addresses and social security numbers, some worry about the potential for ID theft or fraud.

SENATOR KENNEDY CALLS ON IRS TO HALT ITS TAX COLLECTION PRIVATIZATION SCHEME

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An Incredible Audio Rendering of 9-11 by our great friend at Western Capital, Patti Pacifico- An Open Letter to President Bush..

God Bless You Patti

Read the latest Update on the Playa Del Sol Timeshare Investigation 2006-2007

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Go More Financial and Lee Goemer Back in the Spotlight- State Joins in Class Action Lawsuit against Collection Agency

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View the Full Archives of the Rip Off Report 2007

Are aliens to blame for law outsourcing IRS tax collections?

FSI Tax Corp Informs Taxpayers of Safety Procedures and Guidelines Concerning the IRS Initiative

Should you Be afraid of private collectors?

The legal landscape for collection agencies is changing but it can often seem like a minefield because of the ad hoc way in which courts rule. Recent cases in California, Virginia and New York have led to rulings on what bill collectors must tell debtors when the leave voicemails.

County’s ability to collect on unpaid fines in question- How Can You Collect from the Unemployed and People In Jail? Slipping Out the Back Door of the Courtroom!

New Western Capital Foundation Announced to Assist former criminal offenders to overcome the past of abuse and incarceration

Read this INCREDIBLE 3 part series on What's going on with YOUR Criminal Justice System in America. Has our Justice system failed? A full analysis and report! Western Capital's CEO, Robert Paisola announces the formation of a non-profit foundation to assist ex-offenders in re-entering society

How is this possible? Need Proof? Watch the video HERE

Dungeons Of Debt
BLOOD ON THE TRACKS: CITIGROUP PRODS CLIENTS TO BANKRUPTCY

Taxpayer Protections as IRS Private Collections Begin

Do you have a Corporate AR department or a team of collectors working for you that seem to be "LOST"? Are you tired of seeing the same names on your receivables reports month after month? Are you tired of paying payroll for Collectors that you KNOW can do better? If you would like to hear a sample Debt Collector Training just CLICK HERE!

Robert Paisola is the international leader in credit and collections training. He can take your collection teams to the pinnacle of their success while making YOU more money every day! Click here to learn more!

Are you sick of Attorneys? Do You Have A Stupid Attorney Story that you can share with our International Audience? Western Capital and The ("Original") Success Training Network are giving away copies of the movie Office Space for your stories of Complete Legal Stupidity! Compliments of Attorney Daniel Chalker with the Lawfirm of Chalker Flores in Dallas Texas!

Click Here to Win!

Western Capital CEO Robert Paisola Joins The Lava Hot Springs Idaho Fire and Ice Charity Event.

Robert Paisola. Western Capital's CEO Recognized by the Wall Street Journal and The National Republican Party !

Woman burned herself alive 'to end debt'

The Rip Off Report- A 2007 Update from Another Perspective

FTC Announces Capital Acquisitions and Management Corp. and affiliated companies will pay
$1 million to settle Federal Trade Commission charges that their debt collection practices violated federal law

Guess Who is Back In the News Again? The Playa Del Sol Resorts. It NEVER EVER SEEMS TO END!

NEW Uncle Normie is National News- Arrest Pending

$10,000.00

REWARD OFFERED BY THE WESTERN CAPITAL FAMILY OF COMPANIES FOR THE IDENTITY, ARREST AND PROSECUTION OF ONLINE CYBER-TERRORIST "UNCLE NORMIE"

NEW THE TRUE STORY

Western Capital's CEO Robert Paisola Prestigiously Honoured by Experts.Com in 24 legal areas for 2007-2008

NEW Proposal allows recording of collection agency calls

NEW

CAN I TAPE AN ABUSIVE DEBT COLLECTOR? HERE ARE THE STATE BY STATE RULES!

NEW A Word from Robert Paisola on Negative Press, Jealousy and People who Who would LOVE to be Successful.... But Cant...Meeting With President Bush

DEBT COLLECTORS GONE WILD, AN ABC NEWS INVESTIGATION INTO THE DARK SIDE OF

THE DEBT COLLECTION INDUSTRY. WATCH THE VIDEOS, LISTEN TO THE ABUSE, LIVE!

NEW A Real Life Look At American Debt FROM ABC NEWS

WATCH THE ABC NEWS VIDEO ON BUD HIBBS NEW MOVIE MAXED OUT RELEASED TODAY!

Happy Holidays from The Western Capital Family of Companies! Look at Photos from the Corporate Party!

We Just Hit The Jackpot! Ameriprise Financial (Formerly American Express) has hired a company based in Thousand Oaks, California named American Recovery ( ARSI ) (See www.ARSIGROUP.com )to make "courtesy calls" on out of statute paper! Listen to the tapes as the COLLECTOR- ESTHER and the MANAGER -MICHELLE Violate the FDCPA over and over. They refuse to acknowledge that they are a collection agency when asked three times, ( THEY LIED!) and claim that they are just collecting FIRST PARTY CLAIMS! (AGAINST THE FDCPA) This is an incredible story that you will not want to miss. The tapes are being transcribed now by our New York Office! A formal media release will be issued by 9:00 AM CST on 9-30-06 and all media inquiries should be directed to media@mycollector.com

COPYRIGHT WESTERN CAPITAL INVESTIGATIONS 2006

THE CALL IS NOW LIVE!

PART ONE

PART TWO

THE TRANSCRIPTS ARE NOW LIVE!

READ THE FULL TRANSCRIPT NOW LIVE!

NATIONWIDE CREDIT VIOLATES NOT ONLY THE FDCPA- BUT TWO PREVIOUS FTC CONSENT DECREES WITH THE FTC! WE HAVE IT ON TAPE AS THEY ABUSE OUR CLIENTS HARISHA AND SHANKARI BASTIAMPALLIAI- LISTEN AS COLLECTOR ASHLEY COTTON AND AL ROSSMAN THE "DIRECTOR OF OPERATIONS IN SACRAMENTO" OF NATIONWIDE VIOLATES THE LAW VIA AMERICAN EXPRESS. THIS IS ONE OF THE MOST CLEAR EXAMPLES OF TERRORISTIC COLLECTING WE HAVE SEEN ! THE CALL IS POSTED AND WILL BE TRANSCRIBED BY EVOCA.COM THE CALL IS NOW LIVE! PART ONE OF THIS CALL WILL BE FORTHCOMING.

READ THE FULL TRANSCRIPT

Debt Collector Lee Goemer and GoMore Financial Collection Agency in Minneapolis Face Possible Criminal Charges- Police Raid Collection Agency Owners Home and Office- Police Chief Mitch Weinzetl Confirms 150 boxes of records and 60 computers seized

FTC probes debt collectors for abuse- Illegal Means to Go After a Texas Appellate Court Judge? You Have To See It To Believe it!-To Our Clients- You ARE making a Worldwide Impact Compliments of NBC NEWS and Western Capital

NBC VIDEO

• Feds eye debt collectors
Aug. 24: Federal law prohibits abusive calls from debt collectors, but consumer rights advocates say those heavy handed Mafia-like tactics remain in use because they work. NBC's Kerry Sanders reports.

Posted by Permission of NBC News

UPDATE 8-25-2006

ALLIED INTERSTATE/ INTELLIRISK COMPLAINT'S LINE UP! 21 More Victims Report Abuse to Western Capital! Read It Here!

UPDATE 8-24-2006

GMAC RESPONDS- POSSIBLE CLASS ACTION LAWSUIT?

THE GMAC TRANSCRIPT IS NOW LIVE!

UPDATE 8-23-2006

GMAC ASSET RECOVERY CENTER RE-AGES PORTFOLIO HOLDING CLIENTS CREDIT BUREAU HOSTAGE FOR 7 MORE YEARS. WATCH FOR THE CALL AND THE WRITTEN REPLY FROM MANAGERS ANDREW BRIDGES, CARLOS BARRETT, ABNER RODRIGUEZ, AND TRAVIS MILLER IN FORT WORTH, TEXAS ON THIS MATTER. UPDATES TO COME!

THE CALL IS NOW LIVE!!!

Read the Full Transcript of this Call

UPDATE 8-22-2006

Class Action Lawsuit Filed in Arkansas Against Debt Collection Firms for Collecting Out of State Debts without being registered. The defendants are Intraoperative Monitoring Company, American Intraoperative Monitoring, Oklahoma Management Services for Physicians and Orthopedic Management Services.

Bud Hibbs Lays it out in Plain English!

UPDATE 8-15-2006

Debt collector gets jail for extortion

New York Attorney General Elliott Spitzer and John Faso, the Republican Challenger for Governor Use America's Abuse by the Debt Collection Industry as a Top Campaign Issue. Isn't it about time someone looked at what was going on? Your Voice is being heard Around the Globe!

UPDATE 8-14-2006

Trainings From Los Angeles to Las Vegas From The Bellagio to The Wynn Resort, See the Photos and Read The Story!!

UPDATE 8-10-2006

Agencies Issue Report on Compliance with Consumer Dispute Provisions of FCRA

UPDATE 8-9-2006

A Special Message of Gratitude to our Clients and Students around the world from Robert Paisola and The Success Training Network, A Western Capital Company...

UPDATE 8-7-2000

Las Vegas Nevada Training Seminar This Week!

UPDATE 8-2-2006

Service Nova Scotia Minister Jamie Muir said Tuesday that the Atlantic Collection Agency also charged clients extra fees in contravention of the Collection Agencies Act.

Atlantic Collections is Suspended by Canadian Government from Collecting

UPDATE 8-02-2006

Provident Partners Companies is a company located in Scottsdale Arizona and the CEO is William Spain. Listen to this call that is now live with a transcript on our blog! HERE

UPDATE 7-27-06

The Media Asked for it, and now you have it! We have had the entire conversation between Mr. de la Torre, Robert Paisola and Jacobson Sobo and Moselle in Florida transcribed. Here!

Suing Single Mothers, Racial Profiling, Racial Abuse and ILLEGAL RE-AGING OF ACCOUNTS FROM 1998! ALL IN VIOLATION OF YOUR RIGHTS. LIVE FROM PLANTATION FLORIDA! UNIFUND CONVERSATION WITH PLAINTIFF DE LE TORRE AND UNIFUND'S LAWFIRM, Jacobson, Sobo & Moselle. How Could there be a lawfirm called www.floridacollections.com and no Attorneys Avaliable to talk to you? You will now here from Mr. Silver, the NON ATTORNEY "DIRECTOR"collector who attempts to weasel his way out of this conversation with Robert Paisola. It is Now Live! Can you say- NAIL IN THE COFFIN? Who is Justin Daniel Jacobsen? What will Judge Miriam Lear have to say after she sees this is a National Media Event and the discrimination component?

All media inquires should be directed to media@mycollector.com

NCO GROUP PLAYS THE GAME!

Just Another Day at NCO- Keep Juggling the Ball....

NCO Announces Definitive Agreement to be Acquired by One Equity Partners, Joining Together with Michael J. Barrist, for $27.50 per Share.

HORSHAM, PA, July 24, 2006 - NCO Group, Inc. (“NCO” or the “Company”) (NASDAQ: NCOG), a leading provider of business process outsourcing services, announced today that it had entered into a definitive agreement to be acquired by One Equity Partners (“OEP”) and Michael J. Barrist, Chairman, President and Chief Executive Officer of the Company, in a transaction valued at approximately $1.26 billion. Other members of executive management will be given an opportunity to invest in the surviving company and Mr. Barrist will continue as Chief Executive Officer.

Under the terms of the agreement, NCO shareholders will receive $27.50 in cash for each share of NCO common stock they hold as of the effective date of the merger. The price represents a 44 percent premium to the closing price of the stock prior to the Company’s May 16, 2006 announcement of the receipt of the proposal from Mr. Barrist.

The merger agreement was negotiated on behalf of NCO by a special committee of the Board of Directors composed entirely of independent members of the Board. Upon the unanimous recommendation of the special committee, the Board of Directors has approved the merger agreement and has recommended to NCO's shareholders that they adopt the agreement.

The transaction is expected to be completed in the fourth quarter of 2006, subject to receipt of shareholder approval and customary regulatory approvals as well as satisfaction of other customary closing conditions.

Blank Rome LLP acted as legal counsel to NCO and Bass, Berry & Sims PLC acted as legal counsel to the Special Committee. Credit Suisse acted as financial advisor to the Special Committee.

Dechert LLP acted as legal counsel for OEP and Cleary Gottlieb Steen & Hamilton LLP acted as legal counsel for Michael J. Barrist. Morgan Stanley & Co. Incorporated and JPMorgan Chase & Co. acted as financial advisors to OEP.

RACIAL PROFILING- ILLEGAL LAWSUIT- UNIFUND.... AGAIN!

This is a Story of A Family in Florida that was sued by Unifund in 2004. The debt is from 1998! They REAGED the account and Sued on an out of Statute Debt! Idalberto De La Torre and his family were tortured by Unifund into filing bankruptcy, and their attorneys' in Florida Jacobson Sobo and Moselle keep on suing Hispanic's and Single Mothers! Read the Story HERE! The full Call will be posted tomorrow!

UPDATED 7-19-06 BACK TO THE FRONT PAGE! LDG FINANCIAL AND Mercedes Elyse Fletcher HAVE A SPECIAL MESSAGE FOR YOU ON OUR COVERAGE OF LDG AND SABRINA CARBO. WHO ARE THESE PEOPLE? Why would she drag THE UNIVERSITY OF WEST GEORGIA INTO THIS?

IT NEVER EVER ENDS..... WATCH THIS VIDEO FROM NBC WASHINGTON DC...