My father (Ken Wheeler, reportedly still active in the leasing industry, firstname.lastname@example.org) faxed this e-mail to me. I have no idea in what way what I am doing now has to do with the leasing business.
I already received the lease funds from the lender several weeks ago.(application was
dated May 31.editor) You were not a reference I dont even know you. I was on the news a month ago due to losing a large amount of livestock and several organizations were concerned (SPCA, Fish and Wildlife Service)
As for Commercial Equipment Lease, I have received nothing to date.
We, like other companies were very slow over the past year and fell behind on
lease payments. I also had a falling out with a former partner. But I am
not in the leasing business this is the main reason why.
If you look at what is going on in todays society children are being taken out of there homes in the middle of the knight, we are at war, Tyco CEO I see him on CNN all of
the time. These are real issues I am just working hard in Fresno and would like
to be left alone. I am sure there are more newsworthy stories than me life
after leasing----why not stick to them?
The headline Will the real Sean Wheeler please stand up? is really sad and just shows that you and several others learned nothing from 9-11-01.
I am not hiding from anyone. I have always responded to your questions and concerns.
After Leasing News ran the story that you were no longer in the equipment leaisng
business, contrary to rumors, a California leasing company on Thursday, June 13 told me you had applied to them for a lease and asked me for a reference about you, as you were once a public figure and well-known in the leasing industry; what kind of character reference and what else did I know. I asked them to fax me a signed copy of the application, which they did.
Leasing News has had many stories about Sean Wheeler and 1lease. I think once you are a public figure, even when you retire, you remain so. We have features, such as
Whatever Happened to..., plus alerts and bulletin board complaints.
John Nice, Commercial Equipment Lease in Eugene, Oregon, Credit & Special Assets Mgr, (800) 234-1884.has a representative who has been trying to locate you. He is
available, if you would like to reach him. He would also like those in the leasing industry, if you have any questions or information, to call him directly.
Kenneth Wheeler Takes On NAELB Legal Counsel Joe Bonanno
Fair unbiased news about the leasing industry does not seem to me to include
the fish industry and then to bring up the history of someone who is not in the industry any longer makes your news letter like the National Inquirer.
You ask me a question and I gave you a straight answer... then you print this trashy story not based on an interview or a request for info but some third person's information that is not correct. I know where you got the info and you can believe that source is not reliable and is the biggest gossip in this town.
Over half the companies in this industry have financial problems so stick with them or become the Tropical Fish Newsletter. I have always thought you were fair and
unbiased until today and I am saddened that you wrote that article about Sean.
If he is having financial problems that has nothing to do with your newsletter or your need to report it and I honestly do not know if he is since we do not talk about
Please Kit in the future call me if you have any questions and
I will try to get honest answers for you if it pertains to the leasing industry.
to further reply to your story was the quote from Joseph Bonanno who is a documented liar and cannot be trusted to ever tell the truth and if you want the documentation I will send it to you.
He is the typical attorney that all the jokes are made about. I sent the
documentation to all members of the NAELB (National Association of Equipment Leasing) when he slandered my company.
I had one employee spend two weeks faxing the info. Bonanno represents everything wrong with this business and hides behind a non profit organization so he can operate without liability and you can print this because I have the documentation in writing and he cannot deny it.
(Leasing News confirmed with Mr. Wheeler that his e-mail was for publication. Ironically the new Sean Wheeler story started from a NAELB Listserve by Joseph Bonanno about rumors that Sean Wheeler was back in the equipment leasing business. Bonanno was doing his job for the association. It was not sent to Leasing News
(Here is the reference Ken Wheeler is referring to, and only brought up to clarify todays news story: editor)
Sean Wheeler/1lease National Association of Equipment Leasing Brokers
In reading your recent newsletter with the comments from Sean Wheeler About
the NAELB, I felt that I must of course set the record straight. By no means
do I wish to open up the entire issue, it is an issue that is done. I just
want to respond to the comments made by Mr. Wheeler about the process. As to
Mr. Wheeler's comments point by point:
1. "One Lease has never been a member of the NAELB." That is correct.
2. "Directional Funding was also never a member." That is incorrect.
Directional Funding was a member, submitted under the name of Marilyn
Delerio. However, once the EFG issue surfaced, a review of the membership
application showed that Directional's membership was paid for with Sean
Wheeler's American Express card. That was one of the factors that showed The
relationship between EFG and Directional Funding.
3. [The sharing of office space] "is the entire reason for the NAELB
thinking there was a connection between the two companies." There were many
factors that were brought to my attention that showed similarities and
connections between the two companies, not just one. One connection would
not raise a suspicion, many connections would.
4. "We had separate phone and fax numbers from EFG throughout this time."
This is incorrect, letterhead shows the same phone, fax and address. At One
point in time, they may have changed but they were not different "throughout
>From the perspective of the NAELB, please be aware that one isolated
similarity would not rise to the level warranting action by the NAELB. And
in complete hindsight, if there had never been a problem with EFG, then
there never would have been any issues with Directional Funding, Direct
Funding.Net or One Lease. Also, any action taken is only taken by the full
board of directors, not just me.
I am not revisiting this issue, just responding to the points Mr. Wheeler
made as it pertains to One Lease.
NAELB Legal Counsel