The Funding Tree—Laughlin, Nevada

 

 

 

Looks like the Funding Tree is still not returning “Advance Rentals.”

For readers not aware of this “Bulletin Board Complaint” or story,

please go here:

 

 

Henry’s Automotive of Hanford, California sent in a cashier’s check for $3,893.37

along with a signed lease for a Smog machine. The person they were in contact “...was named ‘Sandy’, with Network Capital. We sent a cashier’s check in the amount of $3,893.37 dated June 14,2002, and it was cashed on June 18,2002 ( they faxed Leasing News a copy of the check.”

 

The vendor has not been paid and “...they either wanted their smog machine back or they wanted to be paid in full. Now we cannot reach Sandy.

 

--

 

From a highly reliable source, we understand the attorney who represented Kendra Bernal, the former president of the California corporation, who was arrested for

violating parole, is now suing his client as he has not been paid. The court instructed him to represent her as she allegedly did not have any money to pay for her defense.

 

At press time, we did not have permission to use the sender’s name, but the e-mail

is timely in view of the latest incident:

 

I read with interest your various articles on The Funding Tree, Inc. and its principal Kendra Bernal. Kendra Bernal and her associate Bruce Peterik are alive and well in Laughlin, NV under the name Legacy Leasing. Their offices are down the hill from my home, and from these offices at 3650 South Pointe Circle, Suite 201F Laughlin, NV 89029 (702) 299-1234. It is strictly a boiler room with telemarketers who blow in and

out with great frequency.

 

I met with Ms. Bernal and her EVP Bruce Peterik early this year, when they

were recruiting for sales people. I introduced myself as a credit person who

would like to talk to them once they completely relocated to NV. Mr. Peterik

said that they were vacating CA because of its regulatory environment. Ms.

Bernal would stay in CA to run her other business, a judgment collection

service. Mr. Perterik would not be relocating to NV either, he had the job

of finding strategic funding partners.

 

I checked out Legacy's Clark county, NV business license on line and found

that the corporate name is The Funding Tree, Inc., the license date

10/15/02,the Category Description is "Equipment Rental", and "ownership

information is temporarily unavailable. Please call (702) 455-3573" I

called that number at Clark County, and was told by a Carol that

"Hopefully, by spring of next year, the information will be available".

 

 

“Are you saying that both Kendra Bernal and Peterik are in Nevada? You

state he was not moving there, but is there now, but Kendra is not ( she

 was arrested and her attorney is reportedly now suing her for not paying his fees.)

 May I quote you or is this name with held?”

 

  Kit Menkin

 

“You may use the my name. Bruce comes over a number of times a month. All

deals are faxed to the CA office. met Kendra and her mother in the NV

office. She was looking to buy or lease a home here in Laughlin. That was 7

or 8 months ago.”

 

 Name = David G. Brownlee, E.A.

              Address = 3201 Partridge Run Street

                 City = Laughlin

                State = NV

              Zipcode = 89029

                Phone = (702)298-2584

                  Fax = (702) 298-2584

                Email = batarista@laughlin.net

 

             Comments = I read with interest your various articles on The

Funding Tree, Inc. and its principal Kendra Bernal. Kendra Bernal and her

associate Bruce Peterik are alive and well in Laughlin, NV under the name

Legacy Leasing. Their offices are down the hill from my home, and from these

offices at 3650 South Pointe Circle, Suite 201F Laughlin, NV 89029 (702)

299-1234. It is strictly a boiler room with telemarketers who blow in and

out with great frequency.

 

I met with Ms. Bernal and her EVP Bruce Peterik early this year, when they

were recruiting for sales people. I introduced myself as a credit person who

would like to talk to them once they completely relocated to NV. Mr. Peterik

said that they were vacating CA because of its regulatory environment. Ms.

Bernal would stay in CA to run her other business, a judgment collection

service. Mr. Perterik would not be relocating to NV either, he had the job

of finding strategic funding partners.

 

I checked out Legacy's Clark county, NV business license on line and found

that the corporate name is The Funding Tree, Inc., the license date

10/15/02,the Category Description is "Equipment Rental", and "ownership

information is temporarily unavailable. Please call (702) 455-3573" I

called that number at Clark County, and was told by a Carol that

"Hopefully, by spring of next year, the information will be available".

 

Up-Date Aug 20, 2002

 

It appears Kendra Bernal, who was served with a cease and desist order from the Department of Corporations will not be appealing the order, and the public hearing

has been cancelled, a very highly reliable source told Leasing News. It is alleged she has enough difficulties with violation of parole to not pursue this.

 

There was an affiliation with Integrity Group, which the Department of Corporation was involved, but at this time, there does not look like there

will be a hearing on this matter, as Kendra Bernal was part of this group

at one time, and allegedly is out of the equipment leasing business, according

to our highly reliable source..

 

Featured on 1/14/03 Leasing News

Virus Info Center
 


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