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  1. #1

    Moe Bedard Spins A Tangled Web Of Deceit

    Moe Bedard of LoanWorkout.org, LoanSafe.org and Loan Safe Solutions spins a tangled web of deceit. The self-proclaimed community based, grass roots, consumer leader was exposed today, by an ex-employee, for being a fraud, liar, manipulator and scam artist. Loan Safe’s Moe Bedard has deceived not only the homeowners of America, facing the toughest time of their life’s, but also hundreds of his own employees who are now unemployed.

    Moe Bedard’s website www.LoanSafe.org is quoted saying Loan Safe is “based on the simple premise of “paying it forward”. We help you, you help him, he helps her and so on and so on….. No strings attached ever and no favors needed to be paid back. Just pay it forward to the next person in need of help!.....”

    Well Moe Bedard sure did pay it forward …… in a negative, economy crushing way!!!! Way to go Moe! Not only are your employees out of work but you have deceived the American people.

    Moe Bedard has spent the past year of his life/career at Loan Safe manipulating and distracting the American homeowner, the US Government, the media, the Banks, and his own employees. Moe Bedard has accused everyone (from Wall Street to the Government) of causing the home foreclosure crisis. However, Mr. Bedard has done nothing to help the problem or to help Americans. The one thing Moe Bedard has successfully done is increase the outrage of homeowners across the country. Moe has increased the homeowners paranoia, finger pointing, and distrust of Wall Street and the US Government making it more difficult (if not impossible) for all parties involved to solve the problems at hand.

    Moe Bedard has spent countless hours planning events and protesting at Banks such as Morgan Stanley, calling it “Save the Dream Campaigns”. Moe Bedard rally’s together frightened homeowners with aggressive advocacy groups causing turmoil and chaos. I fail to see whose dream is being fulfilled. These types of actions are negative and help no one. The banks are being distracted from performing their job duties and the homeowners are getting riled up and outraged. Moe Bedard convinces the homeowners to complain and rebel instead of helping to fix their current circumstances. Other modification companies who are trying to work with the banks and homeowners are being distracted in their efforts in order to do damage control.

    Moe Bedard is constantly trying to ruin the reputations of legitimate Loan Modification companies accusing them of defrauding consumers, stealing money, and ruining the lives of hundreds of homeowners. These companies are doing the right thing, helping the banks workout negotiations with the homeowners, following government guidelines, saving homeowners from losing their homes, and employing hundreds to thousands of out of work Americans.

    The only logical explanation for this type of behavior is to manipulate the public. I call it “The Die Hard 3 Movie Explanation”. In the movie Die Hard 3 everyone in the city is being distracted by chaos in one side of the city and the crooks are on the other side of the city stealing all of the gold. Moe Bedard is the king of spin and deceit and the second you are looking to the left he will steal everything you have on the right. Loan Safe’s Moe Bedard is not prejudice against whose life he ruins for he has no morals. As proven in the article below (from www.Ripoffreport.com ) he will even ruin the lives of those who worked for him.

    *“Loan Safe, Moe Bedard, aka 'The Moeniac' fires all processors and negotiators last week!

    I was a long time employee of Loan Safe and the related law firms until recently. I will state indisputable facts in this post. Moe Bedard can try to justify his actions or give his own spin, but any reader can easily verify this information.

    California law requires companies acting as loan modification processing companies be affiliated with a Licensed Real Estate Broker in the State of California. Loan Safe has no such affiliation.

    California law requires that the individuals acting in the capacity of 'negotiator' have a valid California Real Estate Salespersons License. This person has conversation with the homeowner and the bank, relaying terms, paperwork requirements, proposed mortgage payments, etc. Loan Safe's negotiators/processors are not licensed real estate salespersons.

    The above information can be verified at the California DRE website.

    One of the reasons that Loan Safe does not have a broker's license is that Moe Bedard, aka Maurice Clement Bedard Jr. is a convicted felon and had his salespersons license REVOKED by the DRE on August 8, 2005. The revoked license number is 01237996. You can look this up on the net or call the DRE in Sacramento to verify.

    The reason his licensed was revoked is that his felony convictions involved 'moral turpitude'. Wikipedia defines 'moral turpitude' as a legal concept in the United States that refers to 'conduct that is considered contrary to community standards of justice, honesty or good morals.'

    Case #1 Riverside County Superior Court RIF108001
    1 HS 11359 Felony Poss of Marijuana for Sale 01/02/2003 GUILTY CONVICTED

    Case #2 Riverside County Superior Court RIF118953
    1 PC 273.5(E) Felony Corporal Injury on Spouse/Cohabitant 08/26/2004 GUILTY CONVICTED

    Case #3 Riverside County Superior Court RIM431684
    1 PC 243(E)(1) Misdemeanor Battery on Spouse/CoHabit/Pare 02/11/2003 GUILTY CONVICTED

    On November 23, 2004 Maurice 'Moe' Bedard was sentenced to 2 years in State Prison, (less 66 days time served). Remanded to custody of Riverside County Sheriff, subsequently transported to California Rehabilitation Center in Norco, CA.

    Soon after he got out of prison, Moe began working on the idea of Loan Safe in early 2007. The website loansafe.org went live that summer. The actual 'for profit' business of Loan Safe Solutions opened to the public in May 2008. Moe makes claims that loansafe.org is a 'not for profit' (same as non-profit), however the company is not registered with the IRS as a 501(c)(3) Non-profit organization.

    The website loansafe.org, is actually an extremely good source of information for distressed homeowners to help themselves with the support of the loansafe community of volunteers. For homeowners who want help from an attorney, Loansafe.org has their 'selected' attorney or law firm advertise on their site for a marketing fee which is paid to Loan Safe Solutions. A portion of EVERY retainer fee collected by the law firm which got the lead from Loansafe.org is paid to Loan Safe Solutions.

    The Law Offices and Loan Safe Solutions are separate entities. However, Moe calls the shots at both. The attorneys do their attorney work, but regarding policies & procedures for Loan Safe cases, we all know Moe is basically in charge.

    Once the fee has been paid by the homeowner and the required paperwork has been exchanged and received by the salesperson aka 'Mortgage Investigator', the case is then handed over to Loan Safe Solutions for the forensic auditing and processing of the modification with the lender. The 'Forensic Loan Audit' may or may not play a part in the negotiations with the lender. As the Federal Loan Modification programs become generally accepted by the lenders, the audit will become unnecessary in most cases.

    While the case is being processed at Loan Safe Solutions, the auditing staff of 2 young ladies, probably no more than 24 years old and each with just a few years experience in the RE business review the old loan for violations and prepare the loan audit. Neither one of these persons have Real Estate Salesperson licenses.

    The processing staff of just 2 people as of last Friday, prepare the submission of the loan modification file to the lender. Neither one of these persons have Real Estate Salesperson licenses. It is the job of the processing staff to submit the file to the lender and to follow the progress of the case with the lender's loss mitigation agent. The processor/negotiator person discusses information and terms of proposals between the homeowner and loss mitigation person at the lender.

    You may have noticed that there has not yet been an attorney involved in the case. As a practical matter, the attorney who is assigned to these cases is a young man who just graduated from law school and passed the bar within the last 2 years. The supervising attorneys were admitted to the bar in June 2005 and June 2006. The attorney assigned to a case may or may not review the file in the early stages and talk with the homeowner on the phone. The attorney generally make the final call to discuss the proposed modification with the homeowner and will advise them as appropriate.

    At this point, it would be helpful for the reader to understand the layout of the offices and the relationship to the law firms. Loan Safe Solutions occupies a leased building in Corona. There is approximately 6,000 sq. ft. of office space. On 1 side of the building the Loan Safe Solutions corporate staff and support personnel have offices. The other side of the building is the 'Law Office' staff, the actual attorney office and processing. There is no physical separation between Loan Safe Solutions and the Law Office sales staff. The salespeople 'Mortgage Investigators' used to occupy about 30 cubicles. The attorney has a separate locked office. The Law Office personnel and Loan Safe Solutions personnel can freely move about the shared office space. In fact, the phone lines that come in are answered by persons employed by Loan Safe and they can transfer to either Loan Safe or the Law Offices.

    In the building adjacent to Loan Safe, there is another law office which feeds cases to Loan Safe Solutions.

    In September 2008, the very experienced and savvy B2B Sales Manager left the company over growing frustration over cases not being handled properly and the huge increase in complaint calls from brokers and homeowners.

    In September 2008, Moe abruptly shut down the 'B2B' division of Loan Safe and laid off almost all of the sales staff.

    In September 2008 the original Law Firm #1 ceased taking on Loan Safe cases. Law Firm #2 was created.

    In November, the V.P. of Operations suddenly resigned, citing dissatisfaction with the processing method as being overly complicated and time consuming. Moe's frequent verbal abuses of the personnel was also a contributing factor to resigning.

    Loan Safe Solutions received a trademark infringement complaint in late 2008 initiated by First American Title Company. First American has a division called Corelogic which has had a product on the market for many years called LoanSafe 2.0. The complaint alleges trademark infringement of the LoanSafe trademark by Loan Safe Solutions. As yet, unresolved.

    In January 2009, the CEO of Loan Safe left the operation due to differences of opinion on the proper operation of the business.

    In late February 2009, the corporate attorney for Loan Safe was all of a sudden not at work. Who knows?

    In late February, Law Firm #2 ceased taking on new business from Loan Safe. Law Firm relationship #3 was established.

    In early March 2009, almost all of the 25+ sales people 'Mortgage Investigators' were fired.

    Last week, everyone in processing (except 2) and everyone in auditing (except 2) were fired.

    A little over 3 weeks ago, Moe made an announcement to management that he was considering selling Loan Safe. Unknown at this point if any action has been taken.

    Homeowners who are researching loan modifications should do their own due diligence, make wise decisions and are advised to not rely solely on this information for making their decisions.

    loansafe, loan safe, loansafe solutions, modifyloan, loanwork, predatorylendinglaw, mhlloanpro, Moe Bedard, convicted felon, abuse, loan modification, forensic loan audit,”

    *article from www.ripoffreport.com

  2. #2
    Join Date
    Jan 2012

    Moe Bedard Owner of LOANSAFE.ORG Go 2RipOff Report

    LoanModHelpCenter .... This is Moe's Company he is still pitching LOAN MODS with NO FEES BULL SHIT .... FULL OF LIES AND SCAMS ALL DAY DONT DO BUSiness with this company they took $5000 of my money... They never STOPPED MY SALE OR GAVE ME A REFUND>>

    Moe Bedard is a still practicing in the state of california without a license... He marketing states no fees for loan modifications... WE ALL NO LOAN MODS DON"T WORK... MOE GET A LIFE AND GO GET A REAL JOB... YOU TOOK ENOUGH MONEY FROM EVERYONE WHO LOST THEIR HOMES>>. He took everyones money doing loan modification using his Loansafe.org website.. He starts blogs about other companies calling the organizations a Fraud or Scam when honestly he is the biggest LOSER on Earth who Raped a Yound Lady ... He needs to be destroyed for the crimes he has gotton away with.... Karma will indeed come to him one day... DONT TRUST HIS BLOGS THERE ALL B.S he makes up lies about other companys to make the other companies name bad..

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