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Posts from ‘June, 2008’

AXA Files $73M STOLI Complaint in Florida

This is an update of the once popular but now basically extinct “Wet Paper Life Settlements”. This is where a policy is issued and sold almost instantly for small percentage of the face value (2% – 6%). We highly advise not to get involved in such life settlement transactions.
Article Below:
AXA Equitable Life Insurance Co. filed [...]

Life Settlement Fraud

Welcome to Life Settlement Fraud! Our site is going to be geared towards fraudulant activities in the Life Settlement Market. We are a strong supporter of Life Settlements, and this site is not geared to bash the industry. However, we will bring to light reports of abuse and fraud that is affecting our wonderful industry.
Our [...]