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Agent Solicited Investors for Genex Capital and Woodbridge | Misrepresented Factored Payments as Structured Settlement Annuities

by Structured Settlement Watchdog

Dan Reisinger, a Pennsylvania and Delaware insurance agent, solicited Woodbridge First Position Mortgages to clients that ended up being associated with a Ponzi scheme. As this image retrieved from the website of the National Association of Insurance and Financial Advisors -Delaware  clearly states, Reisinger is/was also a contact for Genex Capital.

Genex Capital Corporation is based out of a mailbox in Dover Delaware, but ostensibly operates out of Vancouver Canada. Though Assured Annuity,  Genex Capital markets factored structured settlement payment streams to investors with a misleading annuity label. despite knowing full well that the annuity is not transferred in a structured settlement factoring transaction. Genex Capital is one of the militant companies that persists in calling factored structured payment streams annuities despite a 2017 Delaware judge expressly stating they weren't.

NAIFA News

In a March 29, 2017 decision in Greenwald v Caballero-Goehringer, Delaware Superior Court C.A. No. K14C-04-027 JJC. a Delaware Superior Court judge rejected an attempt to portray structured settlement payment rights as an annuity in a minor's prove up hearing, stating. "The proposed "structured settlement" was described in the Third Petition as a structure to be purchased through a third party to be facilitated by a Houston, Texas law firm. The "annuity" proposed by the Petitioner was in fact a "receivable purchase agreement" which involved purchase of the rights of payment of a structured personal injury settlement from a California injured party having nothing to do with this case. In other words, the annuitant in the proposed plan facilitated by the Texas law firm was the California claimant, not the Minor. Furthermore, despite the Petitioner describing The Hartford as providing the annuity, the seller of the receivable purchase agreement was Genex Capital. No rating was provided for that entity in the petition. The Court denied the Third Petition, without prejudice"

Genex Capital is in a legal battle in Portsmouth Virginia that seeks to vacate a court order that would stop payments to its investor  [see Terrence Taylor v Structured Asset Funding et al.]

Reisinger's website no longer advertises the investments, but one wonders why a licensed insurance agent would be willing to put his neck on the online to push investments that are so clearly not annuities.

Difference Between an Annuity and a Structured Settlement | A Genex Capital Banana Skin

by Structured Settlement Watchdog

Roger thanks for the laughs bud. Roger Proctor, who touts his former membership in the American Trial Lawyer Association (now AAJ) is the CEO of Genex Capital, which acquired StructuredSettlement-Quotes in 2011.

"What is the difference between an annuity and  a structured settlements?" is the basic legal question,  Let’s take a closer look, particularly the highlighted text (emphasis added)

A Look at Structured Settlements

"Structured settlements are exactly what they sound like. These are generally the result of a lawsuit involving personal injury or liability, and represent an award in the plaintiff’s favor. The defendant has been found guilty or has chosen to settle rather than go to trial. The settlement amount has been converted from a lump sum into a series of payments over time. These are called deferred payments".   Source:  SSQ website, "a member of the Genex Capital family"

Setting aside the being sucked into the "awarded a structured settlement vortex" fallacy...

So let me get this straight, according to the Genex family member, if Bea Litheringidiot murders Dudley Do Right, and Ms. Idiot is found guilt by the King County Washington criminal court, Idiot can set up a structured settlement instead of copping a plea?

Hot Diggity Fog  [Genex Capital (via SSQ) ]

"As you can see, the difference between an annuity and a structured settlement is actually pretty significant when you actually dig down into the subject"    Source: SSQ Ibid.

Where digging down involves as much digging as "plumbing the depths" of dirt on home plate with a Hoover.   #FrankDrebin #EnricoPalazzo  #LeslieNielsen RIP

 

via GIPHY

Factoring Companies Are Not Structured Settlement Companies | "They Be Creeping" on Them

by Structured Settlement Watchdog

A whole lot of festering bullship is swirling around the Internet.

Devious attempts abound, by companies that buy structured settlement payment rights whose highest value proposition is a money loser to the consumer, to position themselves as structured settlement companies

Some, like CBC Settlement Funding pay marketing networks to do their dirty work.  So, to set the record straight about the devious behavior:

• JG Wentworth is not a structured settlement company
• Peachtree is not a structured settlement company
• Genex Capital is not a structured settlement company
• Dos Nachos LLC is not a structured settlement company
• Annuity Transfers is not a structured settlement company
• CBC Settlement Funding is not a structured settlement company
• Annuity.org is not a structured settlement company, it is the marketing "lead pimp" for CBC Settlement Funding.
• Annuity Sold is not a structured settlement company, it is one of the factoring companies banned in January 2018 from doing business in Maryland for 7 years due to Annuity Sold fraud.
• Corona Capital is not a structured settlement company
• Structured Settlement Quotes is not a structured settlement company
• Client First Settlement Funding is not a structured settlement company
• Fairfield Funding is not a structured settlement company
• Strategic Capital is not a structured settlement company
• Novation Capital is not a structured settlement company
• Seneca one is not a structured settlement company
• Stone Street Capital is not a structured settlement company
• Novation Settlement Solutions is not a structured settlement company

Structured Settlement Information Gossamers Abound to Mislead Consumers

Top Ten Reviews   Stuck on an endless loop of the "When your factor your structured settlement you are selling an annuity "hamster wheel"

Annuity.org  Once a good idea undermined by poorly researched writing supported by apathetic management,  that unfortunately the gets cited by others. It's like an infectious rash that keeps getting scratched by management of the company

Paymaster.co  Mixes and matches structured settlement factoring companies like throw cushions.  Misleading for consumers but not at the level of the above two.

 

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Genex Capital Roger Proctor's Advice To Sell Your Structured Settlement 10 Years Ago Would Have Lost You Thousands

by Structured Settlement Watchdog

Don't take financial advice from people who are not licensed to provide such advice

There's no way to sugar coat the fact that had any structured settlement annuitant taken Roger Proctor's advice to sell their structured settlement in 2009, they would have lost thousands and thousands of dollars.  Roger Proctor spent more than a year soliciting structured settlement annuitants to sell because rising interest rates were going to make them poorer. The inflation rate at present is 1.91% according to the latest release by Inflationdata.

Here's what the Proctor said on June 28, 2009:

"You may have heard in the media in recent weeks that interest rates have bottomed and are slowly creeping back up. I (Proctor)believe that this is the beginning of a new cycle of incremental increases in interest rates over the next few years. When interest rates go up, the present value of a person’s structured settlement goes down. This is a simple truth. As such, if you are considering selling your structured settlement, now is the time to get the best rate".

Here's Roger Proctor's urgent wolf call from March 26, 2010:

"WARNING AGAIN: If you are thinking of selling your structured settlement payments, do it NOW, before interest rate increases eat into the value of your future payments and make you poorer".

Millionaire with island home and multi million dollar condo

Mr. Proctor, based in Vancouver,  has personally made hundreds of thousands or millions, from paying pennies on the dollar to American citizens with structured settlements. Upon information and belief he owns a home on an island and a multi million dollar condo at the Fairmont Pacific Rim complex in Vancouver, from where Genex  Capital operates its business. Whether or not he/Genex pays pennies more than another company is irrelevant. His advice stunk. He has nothing in common with structured settlement annuitants.

Critique of the Financial Advice Dispensed by Genex Capital CEO  July 31, 2009

 

Is Genex Capital Chief Operating Officer Involved With Misleading Paymaster.Co Brandjacking Website?

by Structured Settlement Watchdog

Paymaster.co is a website that is one of the dime a dozen websites that are designed to generate leads for a factoring company using the names  (some of which are trademarked), contact and descriptive information for its competitors and primary market players to capitalize on their brands.

Paymaster.co Represents that the following companies buy structured settlements and puts them in the same boat with JG Wentworth

• Arcadia Settlements Group Inc 
• Capital Planning Inc.
• Millennium Settlements Inc. (which no longer exists) 
• Strategic Planners, inc. (Rick Bishop's company) 

Paymaster.co Represents that the following companies issue structured settlements although not a single one of them do

• Ametros Financial
• UBS Financial Services
• Atlas Settlement Group, Inc.
• Bradford Settlement Company
• Brant Hickey & Associates, inc.
• Chronovo
• Creative Capital Inc.
• Cornerstone Settlement Services, LLC
• Delta Settlements
• Forge Consulting LLC
• Holcomb Smith & Associates Inc.
• James E. Logan & Associates
• JCR Settlements LLC
• JMW Settlements LLC
• The McNay Group
• Mesirow Insurance Services, Inc/Alliant
• NFP Structured Settlements
• Oasis Financial
• Pat Farber's Structured Settlement
• The Pension Company, Inc.
• Ringler Associates, Inc.
• The Settlement Alliance, LLC 
• Structured Financial Associates Inc. 
• Summit Structured Settlements
• 4structures.com LLC
• Structures Inc.

in addition to Mutual of Omaha, Pacific Life and Prudential. These three companies issue structured settlement annuities, not structured settlements.

Owners Of Paymaster.Co Don't Care About Accuracy

Efforts to deal with Paymaster.co directly have gone on deaf ears. The puerile response to 3 calls today, before my number was blocked, was to forward the calls to JG Wentworth's call center. 

Predictable Shenanigans From North of the Border

What clues make the association of the Paymaster.co to Genex Capital's Boris Drubetsky?

• as you can see from the screen shot below Boris Drubetsky's Vimeo includes 2 videos, one for Genex Capital's testimonials and the other for Paymaster.co
• The misrepresentation of primary market companies follows what happened when Structuredsettlement-quotes(dot)com was re-launched in mid July 2012, after acquiring the asset from Andrew Cravenho. Then 4 primary market companies were misrepresented as structured settlement factoring companies.Roger Proctor and Boris Drubetsky deliberately tried to conceal their ownership of the brandjacking website, ultimately failing and then being forced to disclose after the settlement with Woodbridge Structured Funding in June 2015.
• The last phone call was telling though. I said please patch me through to Boris Drubetsky and the receptionist, who could easily have said Boris Drubetsky didn't work there attempted to patch me through. Then the JG Wentworth hand over.

 

It's a shame that those north of the border are unable to generate business without using the brands of others. Genex Capital also operates Assured Annuity and is one of the companies that chooses to market structured settlement derivatives as annuities. Given the recent NAIC statutory issue paper in which it is clear that the NAIC does not regard factored structured settlement payment streams as annuities or insurance product we'll see how long Boris and Roger rely on Merriam Webster for authority to support what in my opinion are misleadingly named offerings from a misleadingly named company.

Persistence Pays Off to Confirm That Genex Capital IS Associated With Paymaster.Co Just Doesn't Care About Accuracy

At 7pm EST I called and spoke to the same receptionist at Paymaster.co who said I would receive a call back in 2 minutes. When no call came I called back again ay 720pm EST on January 2, 2019. This time the call was answered "Genex Capital" by Takara.  BINGO!

Roger Proctor and Boris Drubetsky never cease to amuse me with 8 years of this nonsense.

 

 

 

Structured Settlement Factoring Origination and Buffalo NY Settlement Planning Firm

by Structured Settlement Watchdog

Move over Buffalo wings, Buffalo business has some new "hot" sauce. Combining structured settlement brokerage, settlement planning and structured settlement factoring originations.

There's something hotter than Buffalo Wings, in Buffalo

 Buffalo settlement planning firm and structured settlement brokerage, Milestone Consulting, is also an origination firm for structured settlement transfers, according to correspondence from its CEO to one of our sources last month. Milestone Consulting's CEO John Bair claimed in an October 2018 email from his milestoneseventh.com email address (that I have obtained from its recipient), that Milestone is "the only primary market, as well as origination firm for secondary market transfers that I’m aware of".  Read  Structured Settlement Agency Claims "Only Primary Market, As Well As Origination Firm for Secondary Market Transfers".

Milestone Consulting CEO John Bair confirmed Milestone's origination of structured settlement transfers in this October 3, 2018 email

 

Bair has been teasing the story since March 2018 in a series of blog posts on the Legal Examiner, Milestone edition.

As I observed in June 2018, it is remarkable that all of the images on enuities.com feature people of color. Calling the phone number on that website on June 15, 2018, brought a return call from Milestone Consulting, which upon information and belief, is appointed with most structured settlement annuity carriers and is well connected with the trial lawyer community. The agency has also advertised in the past and apparently continues to advertise about using structured settlement derivatives with current plaintiffs or their attorneys. The company representative I spoke with said that the platform would actually be launching in the Fall of 2018. Back in June the word was " it is just gathering names and information about structured settlement annuitants". According to that company representative, it had retained Earl Nesbitt, of Nesbitt Vassar McCown LLP, a Dallas lawyer who is well connected counsel to the National Association of Settlement Purchasers.

In June 2017, Seventh Amendment Holdings, LLC submitted an application to the United States Patent and Trademark Office (USPTO) in an attempt to trademark "Structured Settlement Exchange". The application was rejected by the USPTO for descriptiveness (i.e. cannot trademark descriptive) . Seventh Amendment Holdings, LLC, the holding company for Milestone Consulting, appealed. On April 3, 2018 the descriptiveness refusal was maintained and made final by the USPTO. Yet on August 7, 2018 the trademark was registered after an amendment acceptable to the USPTO was allowed.  The first use in commerce as stated in USPTO records was June 13, 2018 and the same telephone number used for Milestone Consulting, 716-883-1833, was used in the trademark application.

Download Structured Settlement Exchange Trademark Electronic Search System (TESS)

Evidence of Alleged Use submitted June 25, 2018 to USPTO

The Optics

Structured settlement factoring is not illegal. Structured settlement secondary market origination of factored structured settlement payment rights is not illegal

The idea of an structured settlement exchange is not a bad one. However, despite what I'm sure were good intentions, common ownership and operation with an individual or entity that owns a structured settlement general agency, an entity that directly, or indirectly, provides pre-settlement loans and also engages in the marketing of structured settlement derivatives to investors in concurrent fashion, raises an eyebrow, in my opinion, which is exacerbated when those interrelationships are not publicly disclosed on its website.

Milestone is not alone in that regard.  Few members of the structured settlement primary market openly discuss their involvement in structured settlement factoring, presumably due to fear about the optics. 

That needs to end. The structured settlement secondary and tertiary markets are in a period of transition. In the last 5 years there has been an unprecedented amount of unconscionable business conduct in the structured settlement secondary market, by both factoring companies and their agents as well as members of the bar, that has cost annuitants millions of dollars.

Milestone Consulting is not a member of the National Structured Settlements Trade Association and thus not subject to its bylaws, which  addressed the subject in 2006 and reiterated in early 2012. In June 2012 the NSSTA Board then issued a letter concerning recycled payment rights or structured settlement derivatives (which are not annuities but labeled such by some marketers), followed by an April 5, 2014 memorandum to members by Hogan Lovells  US LLP, counsel to NSSTA about the marketing and distribution of structured settlement payment rights.  Patrick Hindert, a blogger, who is now with Independent Life, wrote in 2012, "It is common knowledge within the industry that multiple structured settlement annuity providers (NSSTA members), or their affiliates, are active purchasers of structured settlement payment rights after those payment rights have been securitized by structured settlement factoring companies. NSSTA, however, has made no apparent attempt to investigate and/or punish members who promote structured settlement factoring as purchasers thereby helping to generate demand".

What Should a Structured Settlement Exchange Look Like?

• Independently operated and managed, not tied to any structured settlement general agency, by common ownership, affiliation or otherwise.
• The exchange and its participants should be regulated.
• The marketplace must be transparent  When you buy health insurance you can see exactly which companies are on the exchange up-front, without being in a password protected area.

When I asked John Bair on June 27, 2018 if it was possible that we can speak constructively, in good faith , on broad terms about concepts  (e.g. purpose, transparency, ownership, regulation) Bair stated he would only speak with me if I signed an NDA. The NDA proffered included a 3 year non compete and a $100,000 liquidation of damages clause. I respectfully declined given the significant information I had already pieced together.

Read Structured Settlement Exchange | What Would a Real Structured Settlement Exchange Look Like? June 18, 2018

More questions...

Will Milestone Consulting's activity embolden other primary market settlement consultants to come out of the closet with their structured settlement factoring business?

What are the differences between what Milestone is doing in structured settlement exchange and other purported platforms for buyers to compete, such as Genex Capital's SSQ and Settlement Exchange, LLC?

1. Milestone is based in the United States out of a real address as opposed to a Regus mail drop like Genex Capital's SSQ offering, or a tiny UPS store mailbox in Dover Delaware, like Genex Capital Corporation.
   
2. Milestone has the potential to eat Genex Capital's lunch, judging by how often it updates its primary webite. Genex Capital's SSQ has information that is almost a decade old on the website, has been used as a brandjacking weapon against competitors and promoted two of the Mt. Airy Faker David Springer's multiple aliases.
3. Vancouver based Genex Capital 's situation is a bit less complicated, as it does not place structured settlement annuities or do settlement planning or injury victims like Milestone. In my opinion, Milestone has to address how it intends to resolve the obvious conflicts of interest.

 

 

 

AIG Registered Trademark in an Assured Annuity Product Years Before Genex Capital's First Use

by Structured Settlement Watchdog

I continue to question the legitimacy of merchants of structured settlement derivatives using the term annuity to describe a product which is not an annuity.

Such merchants include, but are not limited to:

• Genex Capital, out of Vancouver and a UPS store mailbox in Dover Delaware
• SMA Hub, out of Oregon. Recently SMA Hub has started to use the term "secondary market annuity derivative", which still isn't legitimate because it is actually not a derivative of a secondary market annuity, since a secondary market annuity is not an annuity. What SMA hub and all these users of a scam label are referring to is a structured settlement derivative, or factored structured settlement payment rights.
  
• Annuity Straight Talk and various entities and websites associated with Nathaniel Pulsipher.

The Genex Capital usage has an interesting wrinkle. That AIG has a registered trademark that includes the terms Assured and Annuity. That registration  3722046, was effective December 8, 2009, with the United States Patent and Trademark Office, about 4 years before Genex Capital "stepped on a duck" by famously announcing  a partnership with itself. The VALIC registration had multiple claims for prior art in support.

Genex Capital, which has no pending trademark application with the USPTO uses Assured Annuity to compete with AIG's legitimate annuity product  (see second chart below), which are underwritten through Variable Annuity Life Insurance Company (a/k/a VALIC").  VALIC's Assured annuity product bearing the registered trade mark is available for sale where approved by the relevant state insurance regulator and only sold through licensed and appointed brokers or agents. The same goes for the third trademarked legitimate annuity that is registered to Delaware Life.

Assured Annuity Trademark search shows that Genex Capital has never applied for a US trademark, but several others companies have registered trademarks that include the words " assured " and " annuity"

Genex Capital posts this comparison on assuredannuity(dot)com using rates from January 30, 2017.  Given that rates of return on legitimate annuities have risen between January 30, 2017 and September 29, 2018, and that rising interest rates negatively impact structured settlement derivatives. Genex Capital would be making a far more fair rate comparison if it used current rates.  What Genex Capital is offering to investment is not an insurance product, is not an annuity. Genex Capital is not regulated by any state insurance department in the United States and despite what Genex may represent as no record of anyone not receiving payments, investing in the product subjects investors to transactional risks not associated with legitimate annuities.

Genex Capital rate compairson is misleading in September 2018

 

 

 

 

 

 

 

 

Genex Capital Finally Displays Vancouver Address on Website

by Structured Settlement Watchdog

It took years of prodding, but Genex Capital has finally listed its address in Vancouver in addition to its UPS store mailbox in Dover Delaware, at least on its main website. Nobody actually works in the UPS store #4335 mailbox at 73 Greentree Drive in Dover, Delaware.

Genex Capital Assured Annuity, the outlet for structured settlement derivatives that have been mislabeled annuity, still lists the UPS store mailbox and refers to itself as an "investing service" on Facebook.  When Genex Capital sells an investor structured settlement payment rights, what the investor is buying is not an annuity because the annuity itself is not transferred in a structured settlement factoring transaction.

Potential for Consumer Confusion

There is the potential for consumer confusion in that AIG offers Assured Edge Income Builder, a fixed annuity with a guaranteed lifetime withdrawal benefit designed to offer guaranteed income for life, plus a rising income opportunity. Riversource also offers Riversource Assured, a limited flexible purchase payment deferred fixed index annuity.  On the Genex Capital Assured Annuity website Genex includes a table comparing the " annuity" that it offers to other actual annuities from various companies including an AIG subsidiary.

Important difference between real annuities and what Genex Capital and other similar companies mislabel and are offering to investors is:

• Risk. What Genex Capital offers and mislabels an annuity is more risky than annuities. Genex Capital is currently contesting the interpleader in the notorious Terrence Taylor case where 11 factoring transactions were approved in 2 years. They are doing what they need to in an effort to protect investors. Plaintiffs in that case want the interpleader to assure there is money to pay any counterclaims against the counter-party defendant in the underlying case. Class Action Lawsuit threatens thousands of such investments in Virginia. A Florida investor who was sold a structured settlement derivative by one of Genex Capital's competitors is in limbo and has not rceived any payments that were due to start in January 2018. The Wall case imploded for a Pittsburgh couple due to an underlying fraud at the time of the origination by a Genex Capital competitor.
• Licensing requirements. Legitimate annuities are offered through licensed agents or brokers who are licensed in the state their clients live or work.

A Secondary Market Annuity is Not an Annuity

Genex Capital Corporation LinkedIn

by  Structured Settlement Watchdog

It was amusing to receive notification from Linkedin that my "old friend" Roger Proctor, the CEO of Genex Capital joined Linkedin.  Roger's profile says he's from the Vancouver area which is true.  The Genex Capital sole office address is held out on LinkedIn as 73 Green Tree Drive, #99 Dover, DE 19904. As I previously researched and written here, that address is simply a UPS store mailbox in Dover DE.  Roger Proctor himself could not physically fit in that mailbox, nor could Boris Drubetsky or the rest of the Genex Capital team. What puzzles me is why the only office location listed on the Genex Capital Linked in profile is the Dover Delaware UPS store mailbox that could never be described as an office unless you were a resident of Leisure World in the movie "Downsizing".

 

Why not list where everyone actually works? That is to say, why not 1011 West Cordova Street Suite 3502 Vancouver, BC, an address common to Proctor's medical marijuana business Abaca Rx and Genex Strategies, Inc., the registrant of GenexCapital.com?

Genex Capital has been the source of a chuckle or two over the years. One of my favorite Genex Capital chuckles was this November 2013 post Member of Genex Capital Family Announces Partnership With Itself (in a press release)

For some reason Genex wanted to conceal its ownership of the SSQ purported structured settlement factoring auction website. I already had learned plenty from a source that SSQ's office address in Hartford was merely a mail drop for mail to be forwarded to the above Vancouver address. That Boris Drubetsky's credit card was used to pay for it. Proctor and Drubetsky knew I had a screen shot provided to me by an individual from Missouri who they later hired as a consultant and who worked on the SSQ site. The concealment effort was later abandoned as part of the resolution of lawsuit brought against it by Woodbridge Structured Funding.

5 Ways Genex Capital's SSQ Goes Askew in Guide For Prospective Sellers of Structured Settlements

by Structured Settlement Watchdog

1.  Genex Capital/SSQ Misinforms that when you sell your structured settlement you are selling the annuity

Genex/SSQ says "If you decide to sell part or even all of your future payment stream in exchange for a lump sum paid to you today, the annuity is the product that you are actually putting on the market for others to purchase". The truth is that it is the structured settlement payment rights that are put up for sale. The annuity is a qualified funding asset owned by the qualified assignment company. It remains owned by the qualified assignment company even after the structured settlement payment rights are transferred from the original payee.

2. Genex Capital/SSQ confuses the US government with the law and then gets the fundamental law wrong

Genex SSQ says "Simply put, the United States government believes that restitution for an injury, illness, accident or wrongful death is not defined as a gain for your income".  The truth is that damages on account of physical injury, physical sickness or wrongful death are excluded from gross income, pursuant to IRC 104(a)(2) of the Internal Revenue Code of 1986, as amended. 

3.Genex /SSQ Contradicts Itself and Supports my Point #1

Genex /SSQ states Federal law states that consumers cannot “change, modify, or control” the schedule of payments, lest they be subject to taxes including on capital gains. Selling your payments, in whole or in part, does not technically alter the original contract you signed: it simply transfers ownership of the rights to those payments (on the same schedule) to a different party". 

4. Genex Capital/SSQ is Afflicted With The Structured Settlement Secondary Market Brain Fart

Genex/SSQ says  "In the case of a third party claim, the victim may be awarded a settlement as part of the restitution for their case".   Genex/SSQ also says "There are plenty of reasons to want to sell a structured settlement payment stream once such a payment has been awarded to you"

The fundamental truth that escapes Genex Capital/SSQ,  is that a settlement is not an award and an award is not a settlement.

 

5. Genex Capital/SSQ Shoots Self in The Foot, A Sashay Gone Wrong

Genex Capital/SSQ says "Just like any other company, a structured settlement firm will have a corporate history that you
can find online with a little bit of digging. Check to see if the company’s address points to a real location (not a Post Office box)"

Here's the result of a little digging since 2011

• The address for SSQ in Hartford CT is a mail drop at a Regus office Center.   Hmmm.
• The address for Genex Capital and Assured Annuity in Delaware is a mailbox at a UPS store located at 73 Greentree Drive.  Hmmm
• The management of Genex Capital took considerable steps to conceal their ownership of SSQ after it was acquired from Andrew Cravenho in November 2011.  Hmmm
• My July 2014 post included some interesting historical "archaeological" finds SSQ | Who is "Brad Jones"? Questions About SSQ/Genex Link Continue
• Genex Capital only started labeling SSQ as one of its properties since May 2015 at the conclusion of a lawsuit against it brought by one of its former competitors.
• Genex Capital/SSQ promotes David Springer, using the Mt Airy Faker's admitted alias James Spelling, and was the first to promote another fake identity used by David Springer in July 2012 only days after Springer started using it. Read Genex Capital/SSQ Compared Its Fake Person With Real Attorney From Competitor