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To: Liz
The scamster was in arrears to the Universal Safe Deposit Corp. and to Iron Mountain, which specializes in "secure" document shredding.

If I'm a document shredding company, I pack up the docs and store them until the check clears. If I'm not paid, I sell the docs to recoup my losses...

6 posted on 05/28/2009 1:14:46 PM PDT by Onelifetogive (Check out Puppy News at www.buyingapuppy.com)
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To: Onelifetogive

Looks like that might have happened——the feds have notes Madoff made-—detailing specific percentage returns that “investors” wanted.


8 posted on 05/28/2009 1:37:19 PM PDT by Liz (Everything Obama says comes with an expiration date.)
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To: Onelifetogive

I don’t think that’s possible.
Many of such companies are both bonded and insured.
And service contracts specifically state that all material remains the property of the company that printed them.

At least, that’s how it works for the document shredding company we contracted. In fact, every document is specifically contracted to be shredded ON-SITE.


10 posted on 05/28/2009 1:51:59 PM PDT by SJSAMPLE
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To: Onelifetogive

I don’t think that’s possible.
Many of such companies are both bonded and insured.
And service contracts specifically state that all material remains the property of the company that printed them.

At least, that’s how it works for the document shredding company we contracted. In fact, every document is specifically contracted to be shredded ON-SITE.


11 posted on 05/28/2009 1:52:04 PM PDT by SJSAMPLE
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