Legal Question in Criminal Law in Illinois

To whom it may concern
I am one of the owners of Bankcard Services. I am looking for some legal advice on a situation that my business has encountered. A merchant leased 2 credit card
processing machines(terminals)on 10/11/2012 through my company. This requires a verbal conversation between the merchant and the lease company. Once this was
completed, the merchant was now able to use his terminals to accept credit cards
from his customers on purchases. The merchant used his account for over 3 months.
After the 3 month period, merchant closed his bank account, which resulted in the
lease payment defaulting. Once the payment was defaulted, the lease company deducted $2424.65 from our bank account. The merchant still has the 2 terminals in his possesion. I have in my possesion the paperwork the merchant signed.
I do not understand how the lease company is holding me responsible for the
merchants obligation since he signed the lease agreement.
The way I see it the merchant should be arrested for deceptive practice, fraud,
forgery, electronic wire fraud, and receiving stolen property.
Your thoughts on this matter would be appreciated. I am not sure if I would require legal representation, or if I am able to go to the local police station to press charges.

Asked on 1/17/13, 7:54 am

George Ellis The Ellis Law Firm

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0 attorneys agreed

When you say the merchant leased the machines "through" your company... you need to explain that in more detail. Please free to call us 800 793 9859

Answered on 1/21/13, 9:50 pm

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