by Structured Settlement Watchdog
A message to all primary market structured settlement and settlement planning firms.
A website called The Structured Settlement List appears to be brand jacking all sorts of primary market and secondary structured settlement market players,
ostensibly for the purpose of generating leads for factoring company Genex Capital. Genex Capital is a Delaware Corporation with a registered address in Dover, Delaware at a UPS store, but essentially controlled out of Vancouver Canada. The company's BBB listing shows headquarters addresses in Vancouver and Baltimore.
Primary Structured Settlement Market and Settlement Planning Firms Are Misclassified as Buyers
Many primary structured settlement brands, based in Illinois, Pennsylvania, Florida, New York, New Jersey, Texas, Georgia, North Carolina, South Carolina and Michigan are being brandjacked and misclassified with sales pitches such as
- "Selling a Structured Settlement in (state). Get cash for your structured settlements"
- " Selling Structured Settlements Contact Our company to Sell Your Payments"
- "How do local companies compare with quotes from TheStructuredList.com? Find Out With a Free Quote?"
If you are a structured settlement consultant or settlement planner with an office in these states, you may see your name and phone number on The Structured list site right under get cash for your structured settlements.
Telephone Calls Point to Genex Capital
But the only phone number that can be clicked through from any device is 888-882-5954 which I called three times to verify, and the phone was answered " "Genex Capital" when reached March 8, 2021, and March 16, 2021, and on March 15, 2021, the answer was " Structured List", but when I asked if this was " Genex Capital" it was affirmed by the receptionist. The calls were purportedly recorded. On April 7, 2021, when I asked if this was Genex Capital, they hung up. On April 16, 2021, the call was answered " Genex Capital" by someone named Kelly who also said the call was being recorded. I thanked her for confirming that it was Genex Capital and wished her a nice weekend. She wished me the same.
Is Your Company Being Brandjacked?
If you are a structured settlement broker in the primary market, I would suggest visiting thestructuredlist.com and see if your name appears. Affected are offices of one of the largest contributors to the New York State Trial Lawyers Association who are not in the business that The Structured List represents.
Once again, consultants for primary market structured settlement consultant companies in New York, New Jersey, Connecticut, Pennsylvania, Florida, Illinois, Michigan, North Carolina, South Carolina, Georgia and Texas. In addition, non-dynamic facsimiles of Google maps are displayed with pegs for even further names to brandjack potentially benefiting Genex Capital through lead generation.
Upon information and belief, none of these companies is a competitor of Genex Capital, so what would be the point of listing them and misclassifying them, other than to capitalize on their brand juice when people search for them on Google and other search engines?
Updated April 16, 2021