by Structured Settlement Watchdog
Over the years I've covered a number of individuals or entities in the structured settlement secondary market who use paid actors to give testimonials. In many cases there is no disclosure that these are paid actors or actresses.
- Einstein Structured Settlements- a brainchild of Owings Mills' High School chums Richart Ruddie and Ryan Blank, whose pathetic antics saw their JR Funding and other companies banned from doing business in Maryland for 7 years, in January 2018, after a Maryland Attorney General investigation. One of most ridiculous paid testimonials associated with the Owings Mills chaps was a now former LatinX Fiverr actress named "Fabiola" or "pinkkoala", who claimed in Spanish to have sold her structured settlement to buy a Bentley and oceanfront property in Florida. It was a cheap $5 hustle as an opening gambit in the marketplace and it obviously all went downhill from there for these chaps, with the "Fish N Chip scandal" and later the 7 year Maryland ban.
- Sovereign Funding Group, a brainchild of David Springer of Mt Airy Maryland who, upon information and belief is no longer in the space. In one of the erstwhile paid testimonials, a Fiverr actress named Old Bitty Grandma misrepresented Springer as a lawyer, "not like all the others". The fake paid testimonial was played in Court during the trial in Woodbridge v Springer in August 2014. Even after he was supposedly no longer in the structured settlement business, there appeared two testimonials from purported Sovereign customers who were actresses found on paid testimonial sites.
- Lead generation website NL Brand Reviews NLRBFCU.org, portrayed a non existent person as its editor-in-chief. Only when her bio was checked, the references of social club and college supposedly attended didn't check out.
I'm October 2019, a Delaware based structured settlement factoring company that solicits business in the United States posted video "testimonials" from individuals without any noticeable imperfections, speaking in glowing words from waterfront property. Barely visible words in ant-sized "micro-print" state that the testimonials are portrayed "by paid actors to protect the privacy of customers". That's a small positive, but farcical, in my opinion. If someone is in such bad shape that they are willing to trade their stable source of income for pennies on the dollar, do you believe they have the money to get gleaming white veneers on their teeth?
The following video titled "These Actors Will Read Anything That You Pay Them" is an Inside Edition investigative report that takes a serious, but humorous look at paid testimonials.