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December 16, 2016

Speculative investments Touted by Maryland Structured Settlement Outfit in Selfie Review

by Structured Settlement Watchdog

Fringe players in the Maryland Cauldron of Deceit, companies associated with Owings Mills' Ryan Blank and Richart Ruddie (who later uses the alias Richart Ruddie Annuity) continue to whiff in more ways than one.

The following appears to be a solicitation for investments by the Owings Mills crew, in which one "website company" Einstein Structured Funding endorses a related company AnnuitySold (Less than two years later, in January 2018, AnnutySold and several related companies were banned in Maryland for 7 years due fraud, following a Maryland Attorney General investigation).

"The internet pertains a lot of great information as to how you can sell off your annuity payments and how different investments can be classified. We always want to further educate our clients about the dangers, risks, and benefits for selling off your annuity pay outs....There are also known websites like the Annuityguys.com and annuitysold(dot)com that have different speculative information for investment pruposes(sic) that may be of use to our visitors so we want to recommend that you check them out if you are looking for a different investment vehicle".

A review of FINRA broker check and the IAPD comes up empty for Richart Ruddie, his alias Richart Ruddie Annuity,  Ryan Blank and either of their structured settlement factoring outfits

The AnnuitySold(dot)com website continues to set off dangerous high risk website alarm bells with McAfee (last checked December 16, 2016). Not only is the selfie review by Ruddie/Blank's Einstein shameful,  the unlicensed apparent solicitation of speculative investments eyebrow raising, but its inaction on the dangerous website warning for almost 4 months, runs contrary to what they have published about others. Annuity Sold's rating with the Better Business Bureau is really awful in relation its competitors. Annuity Sold has a lower rung D+ rating from the Better Business Bureau for failure to respond to a consumer complaint.

Ruddie Was in the Cross Hairs of the Rhode Island US Attorney 

Richart Ruddie was in legal cross hairs over allegations that his online reputation management companies "filed fake lawsuits featuring fake plaintiffs filed against fake defendants and hustled past judges to secure court orders demanding delisting by search engines for their clients" [TechDirt October 16 2016]. The Washington Post, TechDirt and the PublicCitizen Law Group are all over Richart Ruddie. The Public Citizen brought AnnuitySold into the frame in late November raising a natural question about whether there are/were any irregularities with structured settlement transfer filings by any Richart Ruddie associated company.

 

Posted at 12:07 PM in Annuity Sold, Einstein Structured Settlements Criticism, Factoring Company Bad Business Practices, Maryland Cauldron of Deceit, Owings Mills Structured Settlements, Structured Settlement Watchdog® |

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  • Firmwide Qualified Settlement Funds Debunked
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