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Law Firms Across USA Getting Punked by We Pay More Funding Blog Insertions

by Structured Settlement Watchdog

Law firms in Texas and Florida have had promotions for Rhett Wadsworth's We Pay More Funding on web pages that appear to be from the law firm's website as a guest blog.  The promotions feature multiple contextual links to We Pay More Funding as well as an image ad with yet another link.The law firms that I've seen targeted so far, are not strictly personal injury law firms. One of them is a criminal defense firm.  This is a message of caution to law firms.

We Pay More Funding LLC is a Fort Lauderdale Florida based company whose value proposition is to buy structured settlement payments for pennies on the dollar. When I spoke to a partner at one of the law firms, he denied he knew anything about it and noted that they recently switched SEO companies.  That didn't surprise me since most law firms hire outside SEO specialists and digital marketing companies to maintain their websites and for some, to provide a source for lead generation. Other law firms may hire such firms to generate content because it may find it challenging to consistently generate fresh original content in a market that is so competitive.

Cheap foreign labor is a common component of the work produced by such digital marketing companies as is evident by the word syntax in the following We Pay More Funding example.    

We Pay More Funding Said This?

"Structured settlement is a topic that confuses a little of people. Yet, if you find yourself in a car accident, the victim of a personal injury case, the victim of a medical malpractice case, or the plaintiff in a wrongful death lawsuit, then you might quickly learn about structured settlements! Dallas structured settlements are commonly used by insurance companies to settle cases without having to give the full amount of the settlement all up-front. "    Download We Pay More Funding Texas Key Word Dump   

Comments

The target key word in the example is Dallas structured settlements.  Made for search engines.

The last sentence is completely false and ignorant. That a company like We Pay More Funding would permit such baloney to be published shows how little they know about what a structured settlement is or how deceptful their business practuces are to induce people to part ways with a valuable income proucing asset for pennies on the dollar.

Rhett Wadsworth was a groomer of Terrence Taylor while working for Structured Asset Funding, according to allegations in a legal action against his former employer.  Terrence Taylor completed the majority of his 11 transactions in less than 2 years with Rhett's former employer or its subsidiaries and affiliates in the Portsmouth Virginia court that is at the center of a separate class action lawsuit.

Caution should be taken with guest bloggers and content providers.  Nobody knows your business like you do. 

 

We Pay More Funding "Annuity Specialist" Scam

by Structured Settlement Watchdog

Providing advice about whether a person can sell part of their future payments or all of their future payments for pennies on the dollar is not an annuity specialist.

We Pay More Funding is a Florida company that markets to consumers the idea that their employees are "annuity specialists".  We Pay More Funding is a company that buys rights to future structured settlement payments for pennies on the dollar. The company's tag line is 'the choice that makes more cents".

Unless Rhett Wadsworth and/or any of his employees holds an insurance license and a professional designation the use of the term "annuity specialist is wholly misleading and a fraud. A search of the Florida Department of Financial Services website shows that Rhett Wadsworth is not licensed in Florida. Download Rhett Wadsworth Florida insurance license search. Rhett Wadsworth's LinkedIn profile shows no specialized annuity training, but extensive work with Structured Asset Funding who too provides liquidity to structured settlement annuitants for pennies on the dollar.

A Certified Annuity Specialist - CAS - is a FINRA recognized certification, indicating expertise in fixed-rate and variable annuities. Individuals with the CAS designation offer clients expert advice in regards to investment opportunities in annuities, which provide a stream of income to those who are nearing or in retirement.  Other than the word " certified" , how is a consumer able to discern between a legitimate annuity specialist and one that is simply offering a guaranteed to lose pennies on the dollar solution?

The President of We Pay More Funding is a central figure in litigation against his former employer Structured Asset Funding. Rhett Wadsworth, it has been alleged, groomed a black amputee burn victim. A quotable quote from a December 27, 2015 news story in the Washington Post  "In interviews and court documents, Taylor said the purchasing companies “coached” him in coming up with “false” reasons to explain why he needed the money. In one affidavit that Taylor signed, it said he needed money to pay down credit-card debt. Another said he wanted money to start a nonprofit organization. All of these explanations, he now says, were not true. They “were Rhett Wadsworth ideas. Rhett said it had to look good on paper for the judge to approve it.”  

If Rhett Wadsworth rally was an "annuity specialist" and he was so close to Terrence Taylor, knew about Taylor's young child and Taylor's lack of employability, why did Wadsworth continue to pad his pocket with deal after deal after deal?  Why didn't he cut his friend off?

 

We Pay More Funding's Fuzzy Wuzzy Logic

by Structured Settlement Watchdog

We Pay More Funding LLC  claims that if you want  to invest your money now, but it's held up in a structured settlement they can give you a no obligation quote on your structured settlement payments today.  Predator in the House.

Fuzzy Wuzzy Logic

You've all heard the nursery rhyme  " Fuzzy wuzzy was a bear  Fuzzy wuzzy had no hair, Fuzzy Wuzzy Wasn't Fuzzy Was he?"  That applies here to the Fort Laudserdale company.  Say you sell $200,000 in future structured settlement payments. If you're lucky you'll get 50 cents on the dollar. If you turn around and invest the money at 5% after tax it would take almost more than 14 years just to break even. At 7% after tax it would take more than 10 years.

WePayMoreFunding LLC is a company run by the "groomer" of Terrence Taylor

WePayMoreFunding LLC is run by Rhett Wadsworth, formerly of Structured Asset Funding, and a defendant since 2015 in the lawsuit brought by Terrence Taylor in Portsmouth Virginia. It has been alleged that Wadsworth was a central figure in the "grooming" of Terrence Taylor, who was inexplicably permitted  to make 11 structured settlement factoring transactions in less than 24 months in a jurisdiction that is also at the center of a class action lawsuit.  Read the Terrence Taylor complaint and then decide whether you want to deal with Rhett Wadsworth.