by Structured Settlement Watchdog
Daniel Sears a/k/a Mark Foster apparently wasn't shy about admitting to stealing other people's deals by paying competitors' employees off, including a purported JG Wentworth employee who scored $445,000 in 2016 while still working at JG. Mark Foster is the alias used by Mark Sears who is now a Defendant in a lawsuit brought by Novation Funding LLC . This was part of a Linkedin messaging exchange that occurred in May 2017. Daniel Sears a/k/a Mark Foster's LinkedIn account has since been deleted.
If Daniel Sears a/k/a Mark Foster was going after big companies honestly then why would he need to use an alias on Linkedin? And why would Daniel Sears delete his LinkedIn account if he was doing nothing wrong?
The use of fake identities by fringe of the fringe players in the structured settlement secondary market is not a novelty.
- Ryan Blank of Annuity Sold, JRR Funding and associated brands such as Einstein Structured Settlements was held out as Ryan Einstein, with a LLM law degree from Yale in various social media. Ryan's company also used paid testimonials that were held out as real customers.
- David Springer, the Mt. Airy Faker, formerly of defunct Sovereign Funding Group assumed both male and female identities in various social media, including Linkedin, Facebook, Google Plus. The devious Springer endorsed himself on LinkedIn through the profiles of fake identities, was fraudulently promoted as a lawyer in a cheap promotional video and used the fake identities in listings with the Better Business Bureau. At one point Springer assumed the identity James Goldstein as who purported to have Yale law degree and a PhD. After a 4 day trial in August 2014, Springer was found liable by a Maryland Federal Court Judge to one of Springer's competitors when a decision was rendered in March 2015.