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1/30/2007

FreeCreditReport.com Guy Sentenced to Jail for Check Kiting

Actor Jon Lerner in freecreditreport.com commercials (Chicago) The spokesman for online credit score firm FreeCreditReport.com was described in a Chicago court as being a gambling addict who swindled a bank out of millions of dollars to feed his obsession.

Chicago resident Jon Lerner, 25, was ordered by federal Judge Andrew R. Wayne to pay $1.4 million in restitution for losses incurred by City Bank of Chicago, and was sentenced to six months in prison.

"Sorry, but I have to do this: 'I'm thinking of a number... ' and the number is 6, as in six months in Joliet," Wayne chuckled as he sentenced Lerner. "And that whole FreeCreditReport.com crap? That's gotta go, too, if for no other reason than I never want to see your smarmy face on my television set again."

Lerner pleaded guilty to a single count of wire fraud. He admitted that he engaged in a check-kiting scheme with multiple checking accounts simply to get cash.

"The FreeCreditReport.com ad was a nice gig, but it was basically a one-off," he told the courtroom. "And once you get in the hole with gambling, it's almost impossible to get out. The casinos cleaned me out, and totally screwed up my already-lousy credit rating. Ever try to get a loan with a credit score of 477? I think not, amigo."

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# posted by Subcomandante Bob : 2:31 PM
Comments:
What an idiot. Now I hate him even more than his stupid commercials!
# posted by Anonymous Anonymous : 3:06 PM
 
Now if they would just put in jail the people who do the "head on apply directly to your forehead" crap
# posted by Anonymous Anonymous : 3:57 AM
 
From the mailbag:

Hi Folks:

Great wesbite....Jeffrey Applebaum is the "genius" behind FreeCreditReport.com., Because of the efforts of me (primarily) and a few of my "ripped" off victim friends (victims of FreeCreditReport.com), we have instituted an IC-3 Complaint (FBI Cybespace) against the company, as well as a probe by the AG State of Florida (Bush country). Please note that Applebaum is talking about "restoring your good credit" when he's got his hands in your pocket (Identity Theft!!) Since so many people have fallen for this scam, there is also a class action case pending...

Advise your readers of the truth....FreeCreditReport.com is not free at all; it's all about stealing your hard-earned I.D.!!

If enough people get angry --- perhaps this mega billionaire jerk will finally be put in prison!!

Sincerely,

XXXXXXX
# posted by Blogger Subcomandante Bob : 11:53 AM
 
Why only six months? Should have been six years.
# posted by Anonymous Anonymous : 11:28 AM
 
Or, the six months should be in the electric chair, with someone tweaking the current up every once in a while, just to make it "interesting..."
# posted by Blogger Hooda Thunkit (Dave Zawodny) : 2:24 PM
 
My 'Free" credit report cost $145.!!

If they ask for a card number, RUN!!! It's a scam!
# posted by Anonymous Anonymous : 6:43 PM
 
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