Oh, No!!! Not Again, Mr. Bill!!!    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".

( name with held )