Interesting post on Craigslist today:

Have $1,800 worth of LeadPoint leads left, will sell at big discount (Nationwide)

I have $1,800 worth of LeadPoint funds left, will sell at big discount because I am not doing any mortgage brokerage and they are not refunding me since it’s part of my initial deposit. If you are interested, I will create account for you so that you can purchase leads from there yourself. For those of you who are not familiar with LeadPoint, it’s a place where sellers and buyers of leads work together, you can choose what you are looking for (location, loan size, age of a lead, etc.), choose your price and buy leads.

Find the Posting HERE

Maybe worth picking up some extra leads at a discount.

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One of the biggest lead generation scandals of the year is going to continue into 2010, but it is not going to leave 2009 without one more big break in the case.

A brief review of the case can be found here and here.

If you are familiar with the case you will remember that in Shin’s deceleration he claimed payment of $150,000, that mysteriously ended up in his bank account from LeadPoint, back to LG Technologies. According to new documents made public by the court, Shin is now being charged with Perjury and Contempt. According to bank statements provided by US Bank, the cashiers checks Shin claimed were made out to LG Technologies were actually made out to the Wynn Hotel. That is correct. Shin’s copy and paste skills were not enough to keep this lie out of the courts and could possibly destroy his whole defense.

This is a huge break for LG Technologies and clearly shows that Shin has lied at least once with details of is claims.

You can view the two court documents and the bad checks here and here.

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This is a great addition for LeadPoint, who seems to be on the rebound and seeing positive growth. Take a look at the press release below.

LOS ANGELES, CA — 09/29/09 — LeadPoint (http://www.leadpoint.com), the world’s first and largest online lead exchange, today announced that Raj Parekh has joined the company as Vice President of Strategic Partnerships. In this role Parekh, who has over 10 years of business development experience with customers and vendors, will be responsible for growing LeadPoint’s top accounts within its data and voice lead products and evangelizing the value and efficiency of purchasing leads through LeadPoint’s exchange.

Read the full story