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Stoltmann Law Offices
Stoltmann Law Offices Andrew Stoltmann Dishonest, False Pretense, Identity Theft, Victimizes The Elderly Chicago, Illinois
24th of Jun, 2011 by User412713
My sister, who is not well, answered an ad in the newspaper that was from Stoltmann Law. After speaking with the person and giving them her personal and identifying information she was told someone would contact her. She had already decided not to pursue the issue they were advertising for because she couldn't afford the up front fees and future fees because of her medical bills. Nobody ever called her back but not too long after her call with Stoltmann law office she found out a credit card had been opened in her name and it had $10,000.00 in charges on it. I got her a credit report and someone even applied for a mortgage in her name. Fortunately they didn't get it. We have spent countless hours trying to straightening up her mess. She knows better than to give information like that to someone over the phone but she said they told her "it would help her" if she did and she believed them. I've always heard stories about dishonest lawyers stealing money from the elderly but I never thought it could happen this way. Stay away from this company or they might steal your identity too. My sisters credit is now ruined.
Comments
3745 days ago by Mahendra Patel
I'm very sorry to hear about what happened to your sister. As you get older you have to watch everyone but it's not easy. I work with many elderly people and 9 times out of ten it's not a thug or mugger who harms them it's a professional; Doctor, accountant and yes many times an unscrupulous lawyer.

We are warned about Nigerian Scams in our email but you don't expect to be scammed by the very person that is "pretending" to help you. I hope your sister is doing better, We should all take a lesson from this victim. If you need a lawyer use a referral service or ask someone you know if they have a recommendation. If a lawyer has to run blind ads they're probably up to no good. It's just good 'ol common sense that will protect you from the shysters.

Marge
3743 days ago by Stoltmann
This is a bogus, made up, fictional, coordinated attack likely from an employee of a brokerage firm (David Lerner Associates) we are now actively suing for securities fraud. We are currently in the process of subpoenaing the identification of the person making these allegations along with the computer IP address and are in the process of contacting the Attorney General’s office in New York and Illinois about the possibility of bringing criminal charges against the poster. In the last 48 hours, completely different complaints were made against us on two other message boards, likely by the same person, against our law firm as well as our co-counsel in a case against David Lerner Associates. In 11 years, these are the only postings on our law firm posted on the Internet. Three different complaints got posted all within 24 hours against us with nearly identical complaints against our co-counsel law firm (Eccleston Law Offices) we are handling cases with against David Lerner Associates. These are the only postings ever made against Eccleston Law Offices and they all got filed in the last 3 days.

We ask the poster of this information to identify themselves publicly rather than hiding behind a fake name and anonymous post. Truth is an absolute defense. Therefore, there should be no hesitation to make one’s identity known. In addition, “identify theft” and “stealing” are felonies. The poster of this information instead of making anonymous postings on the Internet, should identify themselves and report us to the authorities. Of course, this won’t happen because the poster has decided to intentionally and anonymously post information that is known to be false.

The fictional nature of these postings is obvious. For example, on June 28 an alleged “Les M.” from Alpine, Arizona posted a complaint on Yelp (http://www.yelp.com/biz/stoltmann-law-offices-chicago) (that is identical to the posting from “Francine” from Dalton City, Illinois on RipOff Reports (http://www.ripoffreport.com/lawyers/stoltmann-law-office/stoltmann-law-offices-andrew-s-5b34b.htm). Two people with the EXACT SAME COMPLAINT from two different parts of the country? At least now the poster has shown his true his true colors and is now making slanderous postings in a direct attempt to defend David Lerner Associates (See http://www.ripoffreport.com/attorneys-legal-services/stoltmann-law-eccles/stoltmann-law-eccleston-law-fb5fd.htm for a posting explicitly referencing and defending David Lerner Associates).

We encourage people to visit www.InvestmentFraud.PRO for information on our nationally recognized law firm. We have represented elderly, the disableled, wealthy, charitable foundations, professional athletes and others across the U.S. and have recovered millions for victims of securities fraud. Our clients and their cases have been profiled in the Wall Street Journal, New York Times, Business Week, Forbes, Fortune and dozens of other publications. We have a sterling reputation for acting as an advocate got defrauded clients. We have never asked for checking account information and credit card numbers. This information is completely immaterial to pursuing arbitration claims and securities fraud lawsuits. In 12 years of handling these sorts of cases we have never asked for this information.

We are reluctant to even post a response to this “complaint” but unfortunately in our current cases against New York brokerage firm David Lerner Associates, FINRA found the firm was soliciting “unsophisticated” clients. These are the clients most likely to be scared off by these bogus, fictional, fake, libelous and slanderous postings. We will provide an update when we identify the real identity of the poster.

And what would provoke a brokerage firm or its representatives from filing fictional postings like this? It may have something to do with Stoltmann Law Offices and Eccleston Law Offices filing a class action lawsuit and FINRA arbitration claims against the firm for sales of Apple REITs to elderly and unsophisticated clients at a time when the firm only raised $300 million of a $2 billion offering. Since the Apple REITs paid a 10 percent commission to the firm, there are about 200 million reasons to besmirch our law firm’s reputation so the company can continue selling the REITs to “unsophisticated” clients as FINRA alleges.

But don’t think the class action lawsuit and FINRA arbitration claims we filed against David Lerner Associates are without merit. FINRA Enforcement, the group who policies brokerage firms, filed a disciplinary complaint against David Lerner Associates last month alleging they “solicited investors to purchase shares in Apple REIT Ten, a non-traded $2 billion Real Estate Investment Trust, without conducting a reasonable investigation to determine whether it was suitable for investors, and with providing misleading information on its website regarding Apple REIT Ten distributions….DLA has sold and continues to sell Apple REIT Ten targeting unsophisticated and elderly customers with unsuitable sales of the illiquid security.” (See http://www.finra.org/Newsroom/NewsReleases/2011/P123738)
This isn’t the first time David Lerner Associates has got caught with its hand in the cookie jar. In 2006, the NASD fined David Lerner Associates, Inc. $400, 000 and suspended the firm from engaging in any new variable life insurance or variable annuity business for 30 calendar days for engaging in replacement sales of variable life insurance and variable annuities that violated NASD and New York State rules (See http://www.finra.org/Newsroom/NewsReleases/2006/p016103).

These sorts of underhanded, dishonest, and illegal actions taken against the law firms who filed actions against a brokerage firm are unfortunate but not uncommon. When we learn the identity of the poster through the subpoena process, we will provide an update.

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