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April 20, 2016

Genex Capital Continues to Post Mount Airy Maryland Faker's Aliases in Testimonial and Company Listings

by Structured Settlement Watchdog

Why does it appear that Genex Capital does not care about whether or not is presenting truthful information about the structured settlement factoring industry to the American public?

David Springer, the Mount Airy Faker,  admitted under oath in a June 2013 legal proceeding that he made up the name James Spelling, among several others. Yet Roger Proctor led Genex Capital has continually permitted the alias to be published in a testimonial on Genex Capital website structuredsettlement-quotes(dot)com.

Here's

"Ellis A -- Albany, New York

I want to thank James Spelling (this is the fake name) and Andrew Cravenho for helping me cash out my annuity..."

In fact, Genex Capital also published James Goldstein, another David Springer fake name and 4 years after the alias was created, Genex Capital allows this blatant falsehood to be aired on its website.

The directory also includes a number of companies that are no longer in business, such as Selling Your Structured Settlements, whose proprietor Nick Jackson was recently busted on felony drug charges. During his consultancy with Genex Strategies, Inc., another Roger Proctor led company, Nicholas John Jackson worked directly on structuredsettlement-quotes(dot)com from June 2012-September 30, 2012. 

Felony Drug Charges for Former "Senior Financial Adviser" to "Structured Settlement Buyer"   January 28, 2016

Genex Capital's actions/inaction in this regard, is another black eye, when one connects the dots, to the National Association of Settlement Purchasers (NASP).  This nonsense was published during the time that Genex Capital was under consideration for and admitted for membership in NASP.  Genex Capital ceased being a member after one year.

 

Posted at 02:53 PM in False Advertising Re Creating, Buying or Selling Structured Settlements, Genex Capital Commentary, Sovereign Funding Group | Critical Commentary, Vancouver Structured Settlements |

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