Now also known as “Pressler, Felt & Warshaw”, with Lee Pressler officially running things for his daddy (Sheldon) at both Pressler and New Century Financial Services, Inc. Again, still filing lawsuits on his own behalf, while pretending to be a victim, AFTER stealing accounts and personal financial info to prey upon.
UPDATE: SHELDON PRESSLER IS DEAD! ROT IN HELL, CORRUPT BASTARD! But the fraud will continue given lack of ethics of Lawrence McDermott, Frank Petulo, Craig Stiller and others. (more info…)
Pressler and Pressler has been sanctioned by the FTC – Consumer Financial Protection Bureau (CFPB).
Its sham company, New Century Financial Services, has been ordered to pay $1.5Million. $2.5Million total fines, but a small price for Pressler to pay, given all of their white collar fraud profits.
Filed 04/25/2016: https://files.consumerfinance.gov/f/documents/201604_cfpb_consent-order-pressler-pressler-llp-sheldon-h-pressler-and-gerard-j-felt.pdf
What would be nice: removing debts Pressler never lawfully owned, forcing Pressler to pay for damages done to consumers, especially disabled veterans, whose homes have been seized by Pressler’s fraud, and indicting court clerks who enabled Pressler’s fraud for so long.
But this is another GREAT ruling against white collar frauds, Pressler & Pressler!!
And I’m glad I provided a ton of information regarding their fraud to CFPB!
Related information and pages:
Pressler & Pressler, LLP and New Century Financial Services, Inc. Settle CFPB Probe for $2.5M
Pressler’s BOLD SCAM, a company created by Sheldon Pressler for filing fraudulent lawsuits, then placing sham company into its baby’s name.
Apparently Pressler & Pressler’s base area is corrupt:
Parsippany Police Captain James Carifi fired for exposing corruption
Retired Parsippany Capt. James Carifi tells jury he was retaliated against by a job transfer and lost overtime opportunities when he reported department wrongdoing.
Parsippany also alleges retiring Capt. James Carifi obtained confidential law enforcement information about people not suspected of criminal activity and transferred documents, including police reports
Parsippany City Council corruption including with a friend of Chris Christie
Pressler sues wrong person!!
Suing the Wrong Mark Hoyte Takes a Rare Turn in Collections
Hello, Collections? The Worm Has Turned
Attorney General Cuomo Sues To Throw Out Over 100,000 Faulty Judgments Entered Against New York Consumers In Next Stage Of Debt Collection Investigation
March 2019 — it’s amazing how much fraud this company engages in, while being protected by judges, governors and attorney generals
Note Pressler & Pressler has changed its name to “Pressler, Felt & Warshaw” after death of their lead fraud, Sheldon Pressler. But I’m more shocked that Lawrence “Larry” McDermott’s name wasn’t made a part of the new name change. McDermott did so much dirt on behalf of Pressler, including using this employee for his dirty deeds. And note document shows/confirms that Eric Sombers IS an employee of both entities, something he lied point blank about.
Law Firm Agrees to $115K Settlement of Overtime Dispute With Employee
ROSENBLATT v. PRESSLER, FELT & WARSHAW, LLP
And is this Steven A Lang, the same Pressler & Pressler a/k/a Pressler, Felt & Warshaw attorney, who argued cases before NYC judges without a license as THE attorney for Pressler & Pressler?
Note sanctions: dishonest, practicing without a law license and more… sounds familiar. If it’s not him, “Steven A Lang” must be the new name for legal fraud.
Sheldon Pressler is DEAD!!! ROT IN HELL, YOU CORRUPT FREELOADER!!
https://www.legacy.com/obituaries/name/sheldon-pressler-obituary?pid=187617050&view=guestbook&page=4 – funny, how the flowers left don’t match his actual legacy: enriching himself with the assets of others, he never lawfully had rights to claim. But guessing all 30 people were his co-conspirators.
I was wondering why so many were stopping by searching for his name on all pages, where I documented the fraud against me.
never have I seen so much corruption in one place! but I truly hope that the fraud and deception he enjoyed on earth, he’s paying for in hell. he could have EASILY made up for his wrongs, deliberately perpetrated against THOUSANDS OF CONSUMERS especially, James DeBarnardo, but instead Shelly Pressler chose to lie, lie and lie, deceive, deceive and deceive to his grave. and, I hope his assets are frozen, while his criminal enterprise is stopped. but I doubt it, since vultures of a feather flock together, and bottom feeders will now live off his corrupt-carcass and keep his fraud going.
question now is, what happens to all the companies placed into his baby’s name (Lee Pressler), which allowed “Shelly” to sue on his own behalf?
Pressler and Pressler are low life criminals and thief’s
The mystery is how Pressler has been allowed to run an organized crime ring for decades.