by Structured Settlement Watchdog®
There is more than enough evidence to call the ethical marketing practices of the structured settlement secondary market into question and to justify more legislation to protect American consumers and the integrity of the market place.
A paid testimonial was purchased for Mt Airy MD based David Springer/Sovereign Funding Group off Fiverr.com and the fake testimonial was prsented as if she were a real customer who had sold their structured settlement to the settlement purchaser. Thanks to the lack of regulatory oversight such behavior goes unpunished.
The talented Fiverr actress is a 23 year old Londoner, a passionate Arsenal fan, who charges $5 per 50 words, goes by the name kymmypops and is listed as a Top rated Seller on Fiverr. "All I need is a script" she says. According to Fiverr the British actress just joined Fiverr over 2 years ago, which is about when the suspect testimonial was published. on the YouTube channel of the settlement purchaser. On another website Kymmypops is known as Margaret.
The same settlement purchaser used video testimonial actress Sam, who bills out at $23.96 for 30 sec. and can be found at videotestimonial.org and she was held out as someone who was a customer of the settlement purchaser from New York. Fantasyland!
Trying to influence consumers through fake testimonials and fake online reviews is despicable in an industry that has recently seen a series of stock photos represented as Kristen, a happy customer by Imperial Structured Settlements and then by DRB Capital. What is the matter with the structured settlement secondary market? Aren't there testimonials from legitimate customers?
An interesting article I found in Inc. magazine can be found at the link below.
The Anatomy of an Ethical Testimonial by Marla Tabaka