"Unrebutted Evidence" That Sovereign Funding/Springer "Engaged in Fraudulent Conduct"

by Structured Settlement Watchdog

In its opposition to Defendants, Sovereign Funding Group and David Springer's motion to compel the testimony of the Woodbridge CEO, after the Maryland District Court had previously denied it,

Woodbridge Structured Funding refers to

"unrebutted evidence that Defendants, competitors" in the structured settlement factoring industry, "have engaged in fraudulent conduct", citing to " among other things, in his deposition taken on June 28, 2013, David Springer admitted that the supposed CEO of Sovereign Funding as well as other individuals supposedly employed by Sovereign Funding referenced in records filed with the Better Business Bureau, as well as having accounts with LinkedIn, and Google Plus* (see Springer depo at 101, 111-12, 128 attached as Exhibit G ) are in fact, fictitious and were created by Springer".   

See Woodbridge Structured Funding, LLC v. Sovereign Funding Group  d/b/a We Buy Payments and David Springer  United States District Court District of Maryland 1:11-cv-03421-MJG  Pacer.gov Document 85

"Fraudulent" denotes conduct having a purpose to deceive and not merely negligent misrepresentation or failure  to apprise another of relevant information.  Source: Cornell Law School

The Better Business Bureau of Greater Maryland , which still gives Sovereign Funding Group an A+ rating, indicated last month that it is continuing to monitor the Woodbridge litigation against Sovereign Funding Group and David Springer.

More David Springer Flotsam and Jetsam  (9/28/2013)

* in his deposition at 129, line 5,  Springer was asked "if was fair to say that anyone on Google Plus who says they work for Soveregn Funding is---is you?"  To which David Springer replied "Yeah. 100%"  Ibid, at line 7.

"Karen Jones" was one such fabrication of David Springer's that still appears on Google Plus and provides a link to the Sovereign Funding website.   Download Karen Jones - Google+ 9-28-2013

In an entry dated January 23, 2013, and still posted as of time of writing Karen Jones (David Springer) states

"I started working at Sovereign Funding Group on January 2, 2013 in the sales department. It has only been 2 weeks but I am very excited about this job and my future here. The company is really interested in offering the best structured settlement quotes and highest level of customer service. All the managers and staff are super friendly, nice and helpful as well. I mentioned to management that the address is listed on Google incorrectly as a Columbia Maryland address instead of the correct Rockville Maryland address".

 

So what you have is David Springer in one of several instances where he masqueraded as a woman for his company on the Internet, lying about when he started at Sovereign Funding Group, discussing a plurality of managers and staff when he was the only one and noting that she (Springer) mentioned to management (Springer)  the incorrect address listing, namely the 10430 Fair Oaks Dr, Columbia, MD address where Springer lived with his wife until 2009, before moving to Mt.Airy, MD, and  cites the "correct address"   Rockville, MD where,a s I reported in April,  David Springer rented a mailbox at a UPS store, a 45 minute drive from his house in mid June 2012.

 

Other instances where David Springer role took on a female persona on the Internet for company business, were with Sandy Jackson and Melanie Miller (nickname Minky).  See my September 6, 2013 post Sovereign Fundning Group Flotsam/Jetsam From President's Deceptive Practices