For all those he scammed and posted comments on this blog, may this post bring you some comfort.
Click on the images below to get to the official records of his arrest.
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| Arrest records of Lyle Livesay |
Thursday, May 03, 2012
Lyle Stevens Livesay Arrested March 29, 2012
Finally, he gets caught after years of scamming.
For all those he scammed and posted comments on this blog, may this post bring you some comfort.
Click on the images below to get to the official records of his arrest.
For all those he scammed and posted comments on this blog, may this post bring you some comfort.
Click on the images below to get to the official records of his arrest.
Saturday, November 12, 2011
Emmett Peck (Chase CFA) Would You Like My House?
Recently, I wrote a blog post of my experience with Emmett Peck, a Chase Certified Financial Advisor who blamed people walking away and short-selling their homes as the cause of the US financial and economic crisis.
In this blog, I will make it clear why my situation is as such that I have been forced to sell my home even after having put close to 40k in down payment for a 350k home and making the mortgage payments for the last 3 years.
The house is over 50% underwater so here's some basic math rounded up to even numbers for simplicity purposes.
1. Mortgage balance: $300,000
2. Monthly payments including HOA, real estate taxes and mortgage insurance: $2,987
3. Home currently worth: $155,00
4. Total amount underwater: $145,000
5. To rent an equivalent home in the area: $1,200
6. Total monthly savings from short-selling/walking away: $1,784
7.Total years to break even from buying the home at $350k = 81 years
(while paying #2 every single month for the next 81 years)
* #7 is based on a conservative 2% annual appreciation (which has yet to happen) and 5 year time frame to remain in the home.
The timeframe to #7 for break even will decrease with every percentage point of annual appreciation... which I am sure you already know this.
*For a best case scenario to happen which is a 20% annual appreciation to happen, it will still take me another 9 years to break even.
Total savings in 9 years by selling/walking away now is $192,672 by renting instead of having to pay the mortgage.
With the information above, Emmett Peck -- would you like to take over the home and continue paying all of the above? -- I would happily hand it over to you.
So Emmett Peck, tell me how is this my fault based on your expert opinion and comment during our meeting on October 27th 2011 in your office?
In this blog, I will make it clear why my situation is as such that I have been forced to sell my home even after having put close to 40k in down payment for a 350k home and making the mortgage payments for the last 3 years.
The house is over 50% underwater so here's some basic math rounded up to even numbers for simplicity purposes.
1. Mortgage balance: $300,000
2. Monthly payments including HOA, real estate taxes and mortgage insurance: $2,987
3. Home currently worth: $155,00
4. Total amount underwater: $145,000
5. To rent an equivalent home in the area: $1,200
6. Total monthly savings from short-selling/walking away: $1,784
7.Total years to break even from buying the home at $350k = 81 years
(while paying #2 every single month for the next 81 years)
* #7 is based on a conservative 2% annual appreciation (which has yet to happen) and 5 year time frame to remain in the home.
The timeframe to #7 for break even will decrease with every percentage point of annual appreciation... which I am sure you already know this.
*For a best case scenario to happen which is a 20% annual appreciation to happen, it will still take me another 9 years to break even.
Total savings in 9 years by selling/walking away now is $192,672 by renting instead of having to pay the mortgage.
With the information above, Emmett Peck -- would you like to take over the home and continue paying all of the above? -- I would happily hand it over to you.
So Emmett Peck, tell me how is this my fault based on your expert opinion and comment during our meeting on October 27th 2011 in your office?
Saturday, October 29, 2011
Emmett Peck - Certified Financial Advisor (Chase)
On October 27th 2011 I went in to have a chat with my bank, JP Morgan Chase to find out what investing options they have (if any). This was a pre-planned appointment based on a casual inquiry I had a week earlier with one of the tellers downstairs.
I provided some background info and told him that I've had to go through a short sale and was looking for more information on other investment areas.
-- Bought a home 3 years ago for 350k which is now worth 150k. Pretty much worthless.
1) Emmett Peck told me that it's people like me walking away from our homes that are causing all these financial and economic problems we are facing today.
-- yes, Emmett Peck a Certified Financial Advisor stared at me point blank with total conviction that he believes this to be the truth.
2) Emmett Peck also said that buying a home is NOT an investment. It's to live in and is only for that purpose.
So if you are looking for some stellar advice from a condescending banker who blames the customer for the banking and economic problems (which apparently is caused by hardworking Americans who paid too much for their houses) -- this is the bank you should make a beeline for.
No wonder the US economy is up shit creek with CFPs like Emmett Peck around.
1) Emmett Peck -- your ignorance and insensitivity towards people, let alone the customers of the very hand that feeds you is astounding.
The fact that you think it's created by the consumers show that:
a) You are delusional.
b) You are not very bright.
-- Neither of which shows you deserve your job as a financial advisor.
And congratulations!! Chase Bank is #1 on the list of worst banks -- how am I not surprised?!
Saturday October 29th
Went to the Chase Bank on Solano Avenue and was greeted by Emmett Peck who is the VP and a Certified Financial Planner (CFP).
I provided some background info and told him that I've had to go through a short sale and was looking for more information on other investment areas.
-- Bought a home 3 years ago for 350k which is now worth 150k. Pretty much worthless.
1) Emmett Peck told me that it's people like me walking away from our homes that are causing all these financial and economic problems we are facing today.
-- yes, Emmett Peck a Certified Financial Advisor stared at me point blank with total conviction that he believes this to be the truth.
2) Emmett Peck also said that buying a home is NOT an investment. It's to live in and is only for that purpose.
So if you are looking for some stellar advice from a condescending banker who blames the customer for the banking and economic problems (which apparently is caused by hardworking Americans who paid too much for their houses) -- this is the bank you should make a beeline for.
No wonder the US economy is up shit creek with CFPs like Emmett Peck around.
2) Emmett Peck -- You are arrogant and ignorant at the same time. The worst possible combination as a service professional and financial advisor.
3) Emmett Peck -- What goes around comes around. You will get what you give.
The US economic and financial crisis we are in was created by companies like the bank you work for. It was not created by people like us who bought homes that cost way more than they were worth.
a) You are delusional.
b) You are not very bright.
-- Neither of which shows you deserve your job as a financial advisor.
We were given advice by people like you and the result was predatory lending based on loans and packages banks like yours were selling to us.
And congratulations!! Chase Bank is #1 on the list of worst banks -- how am I not surprised?!
To quote a dear friend of mine Oletta when I told her what you, Mr Emmett Peck said:
-- Are you f*$king kidding me?! What about that low life bastard preying on people's trust in financial institutions not to provide products intended for failure like selling subprime mortgages as standard. That person needs their A$$ Occupied with my foot."
Oh by the way Emmett, your boss Brian Boccio called me today and is shocked by what you said to me. He apologized profusely on your behalf -- It shows you're pretty lame and incompetent really.
If you wanna be ridiculed by a snotty and pompous banker, head for Chase and see Emmett Peck, the ass wipe. He's your typical "financial advisor" whose paycheck is made up of selling you lame "investment solutions" designed to pad the firm's bottom line and his own paycheck.
If you wanna be ridiculed by a snotty and pompous banker, head for Chase and see Emmett Peck, the ass wipe. He's your typical "financial advisor" whose paycheck is made up of selling you lame "investment solutions" designed to pad the firm's bottom line and his own paycheck.
Friday, July 13, 2007
Report Livesay International's Criminal Activity
Livesay International is under investigation by Detective Taylor Bell of the Athens-Clarke County in Georgia and the State of Georgia's Governors Office Of Consumer Affairs.
Please contact the following persons and places to report your case:
1) ATHENS-CLARKE POLCE DEPARTMENT
Detective Taylor Bell
Phone: 706-613-3888 ext. 294Email: tbell@co.clarke.ga.us
He is making a criminal case out of this and he needs people to let him know what happened and when. Your call and email will make all the difference and will put these scammers behind bars.
2) STATE OF GA GOVERNOR'S OFFICE OF CONSUMER AFFAIRS
Fill out the PDF form for the state of GA Office of Consumer Affairs and mail it in and/or call 404.656.3970 or 404.651.8600
Please contact the following persons and places to report your case:
1) ATHENS-CLARKE POLCE DEPARTMENT
Detective Taylor Bell
Phone: 706-613-3888 ext. 294Email: tbell@co.clarke.ga.us
He is making a criminal case out of this and he needs people to let him know what happened and when. Your call and email will make all the difference and will put these scammers behind bars.
2) STATE OF GA GOVERNOR'S OFFICE OF CONSUMER AFFAIRS
Fill out the PDF form for the state of GA Office of Consumer Affairs and mail it in and/or call 404.656.3970 or 404.651.8600
Places To Report Livesay International
Thursday, July 05, 2007
Site Suspended - For Livesay International
2 great things happend this week:
i) The State of Georgia's Governor's Office of Consumer Affairs wrote me requesting more information on Livesay International's business practices and my dealings with them. I responded with all the information they asked for - Gladly I must add!
ii) Livesay International - The scam site has been suspended!
What can I say, this has been a great week.... Happy 4th Of July!!
i) The State of Georgia's Governor's Office of Consumer Affairs wrote me requesting more information on Livesay International's business practices and my dealings with them. I responded with all the information they asked for - Gladly I must add!
ii) Livesay International - The scam site has been suspended!
What can I say, this has been a great week.... Happy 4th Of July!!
Wednesday, May 30, 2007
Update on Livesay International Situation & Chargeback
Since my last posting on Livesay International, I have since received the chargeback from my credit card company.
Livesay International never refunded a single cent to me - Nor did they ever intend to. Their refund claims to me on eBay and a host of other sites are totally bogus and are a bunch of lies.
This is the real proof of my refund through the chargeback I had to file with my credit card company - A process which took a month and a half of investigation by Visa.
Be warned, don't wait for Livesay International to refund you. Start the chargeback with your credit card company immediately!
Saturday, May 12, 2007
Livesay International Scam Site - Based in Georgia
I signed up for this Blogspace about a year ago but since then I have not really found anything interesting enough to write about. However, things changed in the last month due to an online shopping experience I had trying to purchase a video game.For those of you familiar with video games, you'd know the Nintendo Wii is hard to come by. (unless you are willing to pay higher than the MSRP of $249) High demand and limited supply brings out the most unscrupulous of businesses and most vulnerable of consumers. I was browsing Craigslist, when I came across a posting advertising the Wii for the regular price of $249 at a website http://www.livesayinternational.com/
I was kinda skeptical after browsing their website which contained broken picture links, spelling errors and a "build it yourself" Open Source shopping cart. However, when I saw that Authorize.net is the payment gateway accepting credit card transactions for them, I decided to give it a shot. I felt I could trust them because as my day job, I run two online businesses which uses Authorize.net as its payment gateways.
- Authorize.net happens to be one of the best and the largest online payment platforms for e-Commerce businesses perhaps..... until now.
This reminds me of something my friend said to me a few months ago:
"As Americans, we trust well known brands to a fault" - In retrospect, I see how appropriate his words are now.
A week after my purchase with Livesay via Next Day Air shipping (at my expense), I fet suspicious and proceeded to do some research on them. I received numerous phone calls including three calls at 11 pm from Mr. Stephen Biddy to "talk it out" with me when I voiced my dissatisfaction over their service via email. My research revealed many other victims scammed by them. One of Livesay's tactics is to call you or provide a phone number to appease your fears and to show they are real people instead of just a faceless website. Livesay's reps will give you reasons and excuses but it's all cleverly designed to delay order cancellations.
--- Besides, what's the point of a phone number and talking the customer's ears off when all Livesay has to do is ship what was ordered or cancel and refund the customer's money. Especially when they claim that all orders are shipped within 3 Business Days!
The same delaying tactics are applied across the board to all their customers:No real UPS ship date ie., "your item is on the loading dock..," "we are getting more UPS trucks for pick ups," "we're experiencing site technical issues" etc... Same story repeated many times to all customers who ordered from them. My "so-called" order, was given a fake UPS Next Day Air
Since then, I have written many online postings to warn others out there and quite a number of those scammed have contacted me to tell the same story. One of Livesay's customer told me he was scammed by "Global Export Distributors" for a 65inch Plasma TV on Yahoo Auctions for over $1,000 by Lyle Livesay, the owner. They were operating under the name Global Export Distributors until Livesay International was founded in Feb '07 by the same kid, Lyle Livesay & girlfriend Sheena Bradshaw (the official owner listed in the business registration in Oconee County GA.) Two known scam businesses by the same person. I use the term "Kid" on him and them because no legit company would communicate as unprofessionally as they do.
--- One must clearly be devoid of morals and values due to an inability to work an honest job and resorting to a life of internet scams. A skill set that is potentially valuable if channelled correctly. Pretty pathetic really. This kid Lyle Livesay has a pregnant teenage girlfriend Sheena Bradshaw who brags about it on her myspace page (I was informed by another customer they scammed.) I feel sorry for the child with such parents as role models. - Both Lyle Livesay and Sheena Bradshaw working in collaboration to scam.
(Note 11th name from the bottom "Addison Taylor Livesay")
Livesay International's marketing methods involve luring unsuspecting victims by casual online postings on gaming message boards and community based boards for example:
"I wanted to let everyone know that instead of paying top dollar for one of these Nintendo Wii's on ebay, or waiting in everlasting lines at Best Buy. Livesay International Inc (http://www.livesayinternational.com) has them at retail price, and they do what they say!! I purchased one about a week and a half ago, and i got it on Monday. It was Brand New sealed in the box, Great Product and Service!"
They have since verbally abused me through postings on their site and via email, claimed to have refunded my credit card with not a penny credited so far since April 14th (it is now May 16th), deleted other negative postings on their message board (which they deactivated due to negative postings by other customers they scammed) and going around trying to defend themselves after my warning posts online to others (note the ZERO seller feedback they have on eBay)
Learn from the rest of us scammed by Livesay International. You are better off waiting for the Wii to be in stock again at retail or buying from reputable sites and sellers like Amazon or eBay sellers with nothing less than 100% positive feedback.
Ironically, Livesay International claims to have the Apple iPhone in stock since March when its release date is in June 2007! Steve Jobs must be a close buddy of theirs ensuring the whole world waits for the release of the iPhone except Livesay International.....Right...Haha!
- Buyer Beware!
Others Scammed By Lyle Livesay's Businesses
Livesay International Business Registration in Georgia
Lyle Livesay and Sheena Bradshaw
Lyle Livesay and Sheena Bradshaw
19 yr old GF of Lyle Livesay and Registered Owner of Livesay International (SCAM) Inc.
Scam Couple of Livesay International
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