by Structured Settlement Watchdog
Anyone who has seen the National Treasure movie series may remember the clue "Laboulaye Lady" in the sequel.
Édouard René Lefèbvre de Laboulaye 18 January 1811 – 25 May 1883) was a French jurist, poet, author and anti-slavery activist. In 1865, he originated the idea of a monument presented by the French people to the United States that resulted in the Statute of Liberty in New York Harbor. He got the idea thinking that this would help strengthen their relationship with the United States
The Statue of Liberty was sculpted by Frederic Auguste Bartoldi and dedicated on October 28, 1886.
A Florida factoring company on June 1, 2023 posted to Instagram ad featuring a "Pop Art" rendition of Lady Liberty that serves to hoist it on its own petard.
A member of the National Association of Settlement Purchasers (NASP) has made inflated and exaggerated claims, in soliciting structured settlement annuitants and mischaracterizing pennies on the dollar as:
- a "Summertime Jackpot"
- a "Sizzling Lump Sum of Cash"
- to "cash in those payments and make your dreams shine brighter than the summer sun".
Here's the NASP member's quote as it appears on Instagram at time of posting:
"June 1st marks the beginning of sunny days and unlimited possibilities! Let ________Settlement Funding turn your structured settlement into a summertime jackpot! Cash in those payments and make your dreams shine brighter than the summer sun!" (the image accompanying the Florida company ad includes "sizzling lump sum of cash")
What is a Jackpot?
A jackpot is "a large cash prize in a game or lottery, especially one that accumulates until it is won".
- Selling a structured settlement is not a game.
- Selling a structured settlement is not a lottery.
- You, or someone who loved you, suffered a physical injury loss or died
- Selling your structured settlement is not "won".