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February 02, 2014

Sovereign Funding Group Office Photos Don't Jive

by Structured Settlement Watchdog

While Sovereign Funding Group seemed to have "traded up"" its "offices" [from those heady days of mid 2012-2013, when it "crammed" all of its CEO David Springer's "phony employees" into a UPS mailbox in Rockville, MD] to a Frederick MD address in Westview Village. 

On Sovereign Funding Group's Better Business Bureau report, that David Springer testified on June 28, 2013 that he personally controls through an online submission,  the uploaded "office photograph" appears to be an image that is a complete distortion of reality. 

Download Sovereign Funding Group BBB 2-2-2014

The  presently advertised  Sovereign Funding Group  address is 5100 Buckeystown Pike Suite 250, which corresponds to a Regus office center  located in Westview Village that has an entirely different image.

Download Sovereign Funding Group advertised office in Frederick MD

Download Office Complex where Sovereign Funding Group states it is located

The image of the office that appears on the Sovereign Funding Group BBB has long been a misrepresentation. It was a mispresentation when it was used to convey the "glamorous image" of the "office" that turned out to be a UPS mailbox and now the very same image is being used to convey misrepresent the Regus office in Frederick.

Why do Sovereign Funding Group and David Springer have to deceive about a detail as simple as this when soliciting structured settlement payment rights from American consumers?  

 

 

Posted at 03:33 PM in Factoring Company Bad Business Practices, False Advertising Re Creating, Buying or Selling Structured Settlements, Maryland Structured Settlements, Sovereign Funding Group | Critical Commentary |

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Guide to Structured Settlements 2021

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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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