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November 20, 2013

Factoring Company Reviewed Itself on Internet | Are Selfies Unethical?

by Structured Settlement Watchdog

I've discovered another instance where Sovereign Funding Group apparently reviewed itself.

"I have worked at the competitors and now I work here, and they are honest'.

The "review" in the name SFG, appeared on December 6, 2012 on a website ironically named "webutation.com", that projects to the public how safe a particular website is for visitors. Download Sovereignfunding.com Review.htm

David Springer testified on June 28, 2013, in the Woodbridge case, that he was the only employee of Sovereign Funding Group.

He also testified that he fabricated several identities including officers and employees of Sovereign Funding Group who made 'comments" in various social media, admitted to posing as his wife in a Google forum and using his fabricated identities in an online submission to the Better Business Bureau (of Greater Maryland).

While there is nothing wrong with "admiring" yourself in a mirror or preening, in my opinion, there is something seriously unethical when someone or some entity reviews itself in public facing social media to drum up business!  It also begs the question " if an individual or entity is capable and does not question the ethics of writing reviews of itself, is it also capable of writing negative reviews of its competitors?"

 

 

 

Posted at 07:01 AM in Factoring Company Bad Business Practices, Mt Airy Structured Settlements, Sovereign Funding Group | Critical Commentary, Structured Settlement Ethics Questions, Structured Settlement Factoring News, Structured Settlement Watchdog® |

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Guide to Structured Settlements 2022

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    How structured settlements work, including 4structures.com LLC's super helpful structured settlement flow chart/diagram showing how structured settlements fit in with other settlement planning solutions.
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    Ways You Can Structure Your Settlement Payments. With a structured settlement you can have more than one type of payment in a single contract. Different types of structured settlement payments can be customized and combined to meet your needs on a stand-alone basis, or in conjunction with other financial products. Diversify your structured settlement, if you wish, by funding with more than one annuity issuer, with treasury funded structured settlements, index linked structured settlement payments and market based structured .
  • Structured Attorney Fees for Tax Deferral for Contingency Fees
    Structured attorney fees is a financial strategy that offers a unique way to defer taxes for lawyers and law firms. Lawyers CAN structure their legal fees even if the plaintiff doesn't structure their settlement. There are multiple ways to structure your attorney fees, such as the an index linked structured settlement where payments are adjusted based on upside changes in the S&P 500 with no downside and a cap of 5%. Trial Lawyers may also use a special deferred pay/deferred compensation arrangement, if market based returns returns are desired with no cap. Plan NOW for year end! Put structured attorney fee expert John Darer® on your settlement planning team.
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  • What Are Structured Settlement Annuities?
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  • History of Structured Settlements
    Tracing the roots of structured settlements history from 1918, when Congress exempted damages for personal injury or sickness from income tax, to the establishment of structured settlements as a core personal injury settlement planning tool to the present day.
  • What Are Market Based Structured Settlements?
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Structured Settlement Best Practices Corner

  • New York Insurance Advertising law requires the full name of the Insurer to be listed along with the city and state of the principal office. Stating that you represent these fine companies using Insurance company logos without the preceding information are also illegal
  • When it comes to settlement documents it is the ultimate responsibility of the lawyers or claims adjusters who receive input concerning the structured settlement aspects of the documents to actually read the entire document, exercise independent thought and advise their clients properly
  • Be aware that financial advisors use of testimonials is prohibited or restricted
  • Most states require that Testimonials represent the CURRENT opinion of the person who made the testimonial. Be prepared to back it up.
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