Maybe The Worst Collection
Maybe The Worst Collection Agency In The U.S.
Remember the name Unifund. If you ever receive mail from them or a phone call from them..watch out!
What I have learned is that Unifund is owned by the infamous Zises brothers who founded Integrated
Resources and royally screwed investors back the 1980’s. What follows is what Bud Hibbs of
www.budhibbs.com thinks of these slime buckets:
“David Rosenberg, Cincinnati, OH and the Unifund (UNIFRAUD?) Group is arguably one of the worst debt collectors that have EVER come on the scene.
He happily admits to paying 3-4 cents on the dollar to purchase old (usually worthless) debts from creditors, gambling that he can turn them into big profits. Rosenberg’s operation is enough to cause consumers to be leery of Unifund collection activities. Challenge every contact from Unifund. Unifund does not ask credit card companies for copies of their card holder agreements. They have copies of the form agreements in their Files. However, they have no way of establishing which form was sent to which cardholder when. Their in-house signor of affidavits; Angela Freckman swears to have knowledge on purchased debts that are used in court filings. Again, CHALLENGE everything from these bottom feeders, they are NOT to be believed or trusted.
Rosenberg’s history is to file claims that are hearsay using a group of attorneys who would rather skip a court date in the hope of obtaining a default judgment. Unifund was reportedly selling ‘future home liens’ to other bottom feeders at a conference, how low does that rank in the sleaze category? The good news is that most Unifund cases can be defeated if you have proper legal representation from attorneys who know how to handle this assembly line of bogus pleadings and manufactured affidavits. It ain’t brain surgery to beat up on a bottom feeder, you just need to know what steps to take. Challenge everything about them, including anything they place on your credit files., let us assist you in defeating their con game.”
It gets better. One of my blog readers sent me the following information:
“Better yet, all three sons [Zises brothers] are the founding principles of Unifund CCR partners, a vicious collection agency. This year, Unifund will sue 160,000 families for credit card debt. Many families will be sued for cards they never owned. Even more will be sued, and never know about it until their wages are garnished, their bank account is cleaned out or the Sheriff sells the family home. This is an exceptionally profitable business. A face value account of say $8000 can be bought for less than $400, and yield a default judgment in excess of $20,000. And, since the tax laws treat purchased debit proceeds the same as loss recovery mitigation, the profits are mostly not reportable and tax free! Woopie!!!!
The industry is full of illegal activity all the way up to the corporate management level. Unifund has a contract with Asta Funding a.k.a. Palisades Collections that rewards Unifund CCR Partners with a premium commission for collecting “…outside the relative statute of limitations”. I am sure the Zises Brothers have multiple offshore accounts in the Cayman Islands, Jersey, Isle of Man, Isle of White and various South China Sea banks. They must be using their accounts with the Israeli Discount Bank on 5th avenue, which has a branch in the Cayman Islands, as a vehicle to get the unreported Unifund proceeds out of the country.”
If you are being contacted by Unifund, email me, or purchase my STCF system.
If you ignore their correspondence you are going to need an attorney.
Filed under: Main Content by admin
The transfer of Unifund proceeds from:Unifund CCR Partners,ZB Limited Partnership,ZB Linited Partners,ZB/CCR, Inc. andCredit Card Receivables Fund, Inc to Associated Capital LP,A Cap, Inc., and Associated Capital Offshore/L/P is managed at the offices of the Zises Brothers Jay & Selig at:
767 3rd Ave Fl 16
New York, New York USA 10017-9017
http://www.superpages.com/bp/New-York-NY/ACAP-Inc-L2065062531.htm. This Schedule 13G is being filed jointly by Associated Capital, L.P., a Delaware limited
partnership (”Associated”), its general partner, A
Cap, Inc., a New York Corporation (”A Cap”), Jay H.
Zises, the President and a director of A Cap, Selig
A. Zises, Vice President, Treasurer and a director of
A Cap, Nancy J. Frankel-Zises, a director, Vice
President and Secretary and the sole stockholder of A
Cap, and Associated Capital Offshore, L.P., a Cayman
Islands limited partnership (”Associated Offshore”).
Associated, A Cap, Jay H. Zises, Selig A. Zises,
Nancy J. Frankel-Zises and Associated Offshore are
hereinafter sometime referred to collectively as the
“Reporting Persons”. The business address of
Associated Offshore is c/o Goldman Sachs (Cayman)
Trust, Limited, P.O. Box 896, George Town, Grand
Cayman, Cayman Islands, British West Indies. The
business address of each other Reporting Person is
477 Madison Avenue, 14th Floor, New York, New York,
10022. Jay H. Zises, Selig A. Zises and Nancy J.
Frankel-Zises are each United States citizens.
So, where do Unifund proceeds go after the Zises Brothers ACAP Offshore laundering in the Cayman Islands? …funding of Israeli settlements in Palestine, according to AlJazeera:
“The Roundtable Political Action Committee includes Riklis, junk-bond king Michael Milken and founders Jay, Selig and Seymour Zises. Seymour Zises is also president of the National Political Action Committee, NPAC, which works in tandem with AIPAC, the highly influential American-Israeli Political Action Committee. Jay Zises is president of “Friends of the Israeli Defense Forces.” Others include Ivan Boesky and executives of United Fruit/Chiquita Banana while the son of Loew Corp. owner, Laurence Tisch, is a co-founder.
Menachem Atzmon, convicted of campaign financing fraud in the 90s, and Stephen L. Friedman are partners of International Consultants on Targeted Security (ICTS) run by former Israeli military commanders and government intelligence agencies. In 1999, ICTS took over management of security at Logan Airport in Boston under its subsidiary Huntleigh , USA and was in charge on 9/11. Friedman is a member of the Israel Defense Fund. And then there’s Ronald Lauder, heir to the Estee Lauder cosmetic fortune who is treasurer of the World Jewish Congress and a trustee of the Special Reserve Fund of the Anti-Defamation League.
Media links are not missing. Marc Belzberg, business partner of the Zises, owns the Jerusalem Post and funds West Bank settlements. He’s a major supporter of the Sharon-linked yeshiva seminary rumored to be training the priesthood for the Third Temple to be built on the Temple Mount after the Al Aqsa mosque is destroyed. Along with Ira Rennert, and Irving I. Moscowitz, Belzberg was involved in the contentious opening of the tunnels under the Al Aqsa mosque; one opening caused 76 Palestinians deaths in three days of fighting. Rennert now controls the tunnel entrances. Moscowitz funded Jewish take-overs of housing in East Jerusalem and settlements in the West Bank .
Marvin Josephson, owner of Hollywood ‘s International Creative Management (ICM) agency, has not only been Henry Kissinger’s literary agent but is Chairman of NPAC. Mortimer Zuckerman owns US News and World Report and the New York Daily News. He regularly agitates for war against Saudi Arabia and other Arab nations in his column US News. He is a director of “Friends of the Israel Defense Forces.”
Mervyn Adelson, ex-husband of Barbara Walters and former Chairman of Lorimar Telepictures, is a friend of Benjamin Netanyahu. His lawyer, Yaakov Ne’eman, was Israeli Finance Minister under Netanyahu. Henry Kravis of RJR Nabisco is also a sponsor of Israel ‘s right wing and a Republican donor with ties to the Bush family.
Underworld connections come from casino owners with early ties to the Meyer Lansky/ Moe Dalitz Mafia syndicate. They include Mervyn Adelson and Sheldon Adelson. Sheldon wants to build casinos in Israel and has been granted gambling licenses in Macao , China along with Steven Wynn, owner of the Mirage casinos. Wynn sponsors right-wing Israeli causes, has ties to Lansky and is a member of the board of the George Bush Presidential Library. Henry Kravis has early ties to Lansky but isn’t connected to gambling. However, the EU has accused him of narcotic money laundering.”