by Structured Settlement Watchdog
A plethora of structured settlement cash now companies appear to be providing unregistered and unlicensed advice to structured settlement annuitants. Some have blatantly attempted and may succeed inducing less sophisticated folks to sell their structured settlement payments using baseless investment projections, so that they can make obscene profits.
In a week where the stock market has dropped 4% the attention turns to these scoundrels and the lives they may have wrecked with their reckless and possibly unlawful advice.
It's highly doubtful that these companies are insured for providing such unlicensed and unregistered financial advice and therein lies the social dilemma. In my opinion such companies, their employees and affiliates who participate in such activity need to be prosecuted.
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