Ben-Wal Leasing, Inc. ratings, reviews and complaints - Securities Investment

Complaints and Resolutions

Complaint Experience

N/A

Complaint Resolution Index (CRI)

Complaint Resolution Index (CRI) Explained The Complaint Resolution Index (CRI) is an indicator on how responsive a company is in addressing and resolving customer complaints brought to their attention by BCA. If they are considering doing business with the company, consumers can use this indicator to forecast the likelihood of having their issues addressed if a problem arises. CRI measures the company's customer satisfaction abilities through BCA’s complaint mediation process.

A variety of factors are considered when calculating CRI. This includes how quickly a company responds to complaints, the number of complaints against a company, whether the company addressed complaint allegations, and the outcome of the complaints. CRI is just a subset of the overall rating for the company. Consumers are encouraged to take into consideration the company's CRI, their overall BCA letter rating and other relevant information about the company so they can make a well-informed purchasing decision.

BCA's Summary and Analysis:

We have received no complaints against this company.

Our complaint services are free and our team of expert mediators will assist in resolving complaints with businesses.

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Complaint Closing Statistics

0 complaints against Ben-Wal Leasing, Inc. closed in last 3 years.

Complaints	Type of response
0	Making a full refund, as the consumer requested
0	Making a partial refund
0	Agreed to make an adjustment
0	Refusing to make an adjustment
0	Refuse to adjust, relying on terms of agreement
0	Unanswered

Other Information

Company Info

This company's business is offering investments in equipment leasing, and leasing equipment.

Primary Contact:	Jerry Benson (President)
Business Started:	1/1/2001
Social:

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Licensing

This company's offer may be required to be registered as a security with the California Department of Corporations (DOC) or the Securities and Exchange Commission (SEC). As of our last verification, on July 7, 2009 we could find no record of a securities registration for this company. You may verify this requirement with the DOC, Securities Regulation Division, by mail at 1515 K Street Suite 200, Sacramento, CA 95814-4052. The DOC can also be contacted by phone, toll-free at 1-866-ASK-CORP (1-866-275-2677). To contact the SEC by calling (323) 965-3998 or visit their website at www.sec.gov.

Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

In an illegal pyramid, the recruits on the bottom level pay money to a few people at the top. They generally do not publically advertise their offer, but instead rely on word of mouth recruitment of new affiliates. They may hold recruitment meetings where they create a frenzied and enthusiastic atmosphere, where group pressure and promises of easy money prey on people's greed and fear of missing out on a good deal. Some pyramids are easily recognizable and are as simple as a chain letter. Others are very sophisticated, and disguised to look like legitimate investment offers to fool investors and law enforcement. As their disguise, they may take on a line of products or a service and claim to be in the business of selling to consumers. When in realtity, the real money comes from recruiting and not from marketing the products. Recruits themselves run a significant risk of arrest and fines by authorities for participating or promoting such offers.

Other Considerations

Careful evaluation of all investment offers should be done prior to signing agreements. Rather than make an immediate decision, insist that the caller confirm details of the offer and all verbal promises in writing. Verify that the offer is registered, or exempt from such requirement, with your state securities commissioner. In California, call the Department of Corporations 213 576-7500. Limited Partnerships are required to register unless an exemption is filed with the state. General Partnerships, however, are not required to register. Those who invest in General Partnerships may also be accountable for the financial liabilities of the entire partnership. Offers claiming to be exempt from registration must meet specific requirements. Specifically, they must be limited to no more than 35 investors who are: immediate relatives or friends; current investors in other offers made by the company; persons referred by current investors; and to those with the expertise to make a valid decision. Generally, if an offer is sold via telephone, it is an indication it would not be qualified for exemption under current law.

Industry Resources

Advertising Reviews

Additional Info

DBAs:

BWL

B W L

Ben-Wal Management, Inc.

Ben-Wal

Websites:
There are no additional web sites.

Contacts:
There are no additional contacts.

Other Categories:

Leasing Service

Pyramid Scheme Business Opportunities

Reputation Report

Ben-Wal Leasing, Inc.

Complaints and Resolutions

Other Information