by John Darer CLU ChFC CSSC RSP
What's with Kendall Coffey?
The legal analyst and former United States Attorney dissed the structured settlement industry in late 2009 in his representation of the former law partners of convicted Ponzi felon Scott Rothstein, by labeling what Rothstein was peddling, structured settlements. The label appeared in a civil complaint although, in my opinion, the description attributed to the alleged transactions described in such document could not reasonably have been considered structured settlements by anyone knowlegeable on the subject. The problem for those of us in the industry is the potential for misperception by those less knowledgeable on the subject.
Moreover, the criminal complaint against Rothstein mentioned NOTHING of structured settlements. Why has Kendall Coffey proliferated the confusion, in the interest of self promotion, by continuing to post a video interview with Fox News that suggests that Rothstein was actually selling structured settlements? I've asked Kendall Coffey to prove it, take down the video, or correct the inaccuracy which led to a storm of misinformation from the national and South Florida Press that we continue to fight to this day.
Following is an email that I sent to Kendall Coffey on March 30, 2011
From: email@example.com To: firstname.lastname@example.org
CC: email@example.com, firstname.lastname@example.org, email@example.com, firstname.lastname@example.org, email@example.com
Sent: 3/30/2011 12:52:33 P.M. Eastern Daylight Time
Subj: Scott Rothstein posting on your website
We Know Settlement Planning®
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(888)325-8640 Toll-free USA
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Email: firstname.lastname@example.org Skype: JohnDarer
Websites: www.4structures.com and www.4structures-espanol.com
MEMBER: National Structured Settlement Trade Association
MEMBER: Society of Financial Service Professionals
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In MA, 4structures.com, LLC aka 4structures Insurance Services
in CA, 4structures.com LLC, aka 4structures Settlement Insurance Agency OF19785
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