Now that we have received this deal from two (2) different brokers and LPI Financial has looked at them for working capital, I believe it is time
for your readers to beware of this deal.
-OBGYN (Ramirez) is purporting to want equipment for his medical practice
-He just "purchased" BAP Productions, Burbank, CA, a movie producer
-We have looked at equipment totaling upwards of 500K, all billed to the
medical practice at the practice's address
-Equipment lists provided were confirmed to be "post production equipment"
-At least one invoice was whited out and a medical imaging company's letterhead used in an attempt to sell movie studio equipment
-Originating broker was out of Louisville, KY, who claims to have done several leases for this doctor