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.

.

.

.

In May of this year I revealed an interesting case between a lead generation company and a few of its key employees. The case, which you can read about here in my original post, included allegations of fraud, embezzlement and contract infringement, now has a few new updates to mention.

Today the Riverside County Sheriffs department has released information on their website (Case #TE092660124) that they have taken Edward Shin into custody. Shin has been given a $575,000 bail. Details below:

I am not an attorney nor have I ever studied the Law, but according to the court documents listed here (Once you log in you can search LG Technologies and the case info will come up) it would appear as though LeadPoint has also filed a cross complaint against Shin on 9/11/09. The details of this complaint are unknown, but I will keep you posted as the case proceeds and try to provide details when they are available.

.

.

.

Last post I gave a brief synopsis of the original complaint submitted by LG Technologies and also picked a few statements from Edwards Shin declaration.

One of the bigger complaints or allegations made by LG is that Shin purposely diverted payments into his own personal bank account that was supposed to have gone into LG’s account. They also claim that it is possible that LeadPoint or Marc Diana were involved with the misdirection of payments. Both Shin and LeadPoint refute these allegations in their declarations.

Read the full story

A recent case has popped up in the Southern California Superior Court of Riverside and is bound to turn a few heads in the lead generation industry. Accusations of fraud, stealing and diverting of leads are at the top of the list for this case.

The complaints set by LG Technologies of California on 04/02/09 are against Edward Shin, former VP of Business Development of LG, Karen Shin, Christopher Smith, Iris Sunwoo, LeadPoint Inc, Marc Diana, Breakwater Ventures and Breakwater Ventures II.

The information I am about to discuss is public information and can be found by accessing the public access portal for the Riverside Court. At this point in the case the defendants remain innocent of any allegations and have not received their full due process.

Here is a synopsis of the complaint and this does get a little tricky, so try to follow:

Read the full story