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January 04, 2019

Structured Settlement Factoring Rep Racism To Access Funding Black Victims in IPA Communication

by Structured Settlement Watchdog

Racism in structured settlement factoring industry
Are structured settlement cash now bigots targeting minorities for financial abuse?

In one of Access Funding's engagement emails to Charles E. Smith, a corrupt Maryland lawyer who coughed up bogus reports purporting to be independent professional advice to cognitively impaired lead paint victims, "an Access Funding salesperson felt the need to point out in an email to Mr. Smith that the customer was "a normal caucaisian [sic] woman just a FYI." Ex. 76 of the Memorandum in Support of Consumer Protection Division's Motion of Partial Summary Judgment.

State of Maryland Office of Attorney General Consumer Protection Division v Access Funding, LLC et al.  Circuit Court for Baltimore City 24-C-16-002855

Some of the worst cases of abuse of structured settlement annuitants by structured settlement cash now companies, involve victims who are persons of color. One insider at one of the Florida firms spoke of a tacit campaign known as "Black Gold", although based on what I have seen such abuse extends to Hispanics and other minorities.

The Maryland Attorney General Memorandum is an excellent read to show just how much hard graft was put in by Brian Frosh and his team and provide a window into the seedy underbelly of the structured settlement factoring industry in the State Maryland which has been a real Cauldron of Deceit.

Download 20171222 - Memo in Support of CPD's Motion for Partial Summary Judgment

 

 

 

Posted at 01:33 PM in Baltimore Structured Settlements, Factoring Company Bad Business Practices, Maryland Factoring Company Racism, Structured Settlement Factoring News, Structured Settlement Watchdog®, Structured Settlements in Maryland |

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    In 2025, you can structure your settlement payments in various ways. A structured settlement allows for multiple payment types within one agreement. You can tailor and merge different structured settlement payments to suit your individual needs, either alone or alongside other financial instruments. If desired, diversify your structured settlement by utilizing multiple annuity issuers, treasury-funded structured settlements, index-linked structured settlement payments, and market-based structured options.
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  • What Are Structured Settlement Annuities?
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  • History of Structured Settlements
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Qualified Settlement Funds

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  • Firmwide Qualified Settlement Funds Debunked
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