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	<title>Life Settlement Fraud</title>
	<link>http://www.lifesettlementfraud.com</link>
	<description>Life Settlements Fraud</description>
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		<title>Christian Stanley Inc assets frozen bye SEC</title>
		<description><![CDATA[It seems like more and more of this type of fraud is showing up in the industry&#8230; Christian Stanley&#8217;s program was labeled as &#8220;Reverse Life Insurance&#8221; The Securities and Exchange Commission’s Los Angeles district office has obtained an emergency court order halting all operations and freezing the assets of a company it says has been [...]]]></description>
		<link>http://www.lifesettlementfraud.com/christian-stanley-inc-assets-frozen-bye-sec/</link>
			</item>
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		<title>Life Settlement Broker sues after commission issue</title>
		<description><![CDATA[Carole Fiedler, a Greenbrae, Calif., viatical and life settlement broker who operates Innovative Settlement Solutions, sued after her $180,000 fee was not paid after she gave advice on whether a $3 million policy should be sold. She filed a lawsuit Tuesday in Marin County Superior Court in San Rafael, Calif., alleging breach of contract, breach [...]]]></description>
		<link>http://www.lifesettlementfraud.com/life-settlement-broker-sues-after-commission-issue/</link>
			</item>
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		<title>Retirement Value Life Settlement Payments Update</title>
		<description><![CDATA[The Texas State Securities Board in May 2010 obtained a court order shutting down Retirement Value. Regulators alleged the firm committed fraud by selling unregistered securities to investors. Retirement Value CEO Richard “Dick” Gray, who authorities said repeatedly engaged in illegal sales of securities, has reached a tentative agreement to pay $650,000 in cash and [...]]]></description>
		<link>http://www.lifesettlementfraud.com/retirement-value-life-settlement-payments-update/</link>
			</item>
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		<title>Law Firm file class action lawsuit against Life Partners</title>
		<description><![CDATA[Dallas Law Firm Heygood, Orr &#38; Pearson Files Life Settlement Class-Action Lawsuit Against Life Partners Holdings, Inc.&#8217;s Life Partners Inc. Dallas Law Firm Heygood, Orr &#38; Pearson announced that they have filed a class-action lawsuit in Ellis County on behalf of Texas investors who say Waco-based Life Partners Inc. charged excessive premiums on the company&#8217;s [...]]]></description>
		<link>http://www.lifesettlementfraud.com/law-firm-file-class-action-lawsuit-against-life-partners/</link>
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		<title>Provident Capital accused of Life Settlement fraud charges</title>
		<description><![CDATA[The Securities and Exchange Commission yesterday slapped Provident Capital Indemnity Ltd. with a lawsuit, alleging that the company had conducted a major life settlement bonding fraud. The firm&#8217;s president, Minor Vargas Calvo, and its outside auditor Jorge L. Castillo, were also charged in the case. PCI, based in Costa Rica, provided the financial backstop for [...]]]></description>
		<link>http://www.lifesettlementfraud.com/provident-capital-accused-of-life-settlement-fraud-charges/</link>
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		<title>Scott Ross involved in Life Settlement Scam</title>
		<description><![CDATA[Scott Ross of Woodstock, Ill. was charged with three counts of mail fraud for swindling people who invested in funds he claimed to operate, according to the U.S. Attorney for the Northern District of Illinois and the FBI. He raised about $1.9 million from about 25 investors for the Elucido Fund, which claimed to invest [...]]]></description>
		<link>http://www.lifesettlementfraud.com/scott-ross-involved-in-life-settlement-scam/</link>
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		<title>7 Charged in Life Settlement Fraud</title>
		<description><![CDATA[Christian M. Allmendinger, 39; Adley H. Abdulwahab, 35; and David C. White, 40, all from the Houston area, each were charged in federal court in Richmond with one count of conspiracy to commit mail fraud, six counts of mail fraud, one count of conspiracy to commit money laundering, six counts of money laundering and four [...]]]></description>
		<link>http://www.lifesettlementfraud.com/7-charged-in-life-settlement-fraud/</link>
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		<title>Distressed Life Settlement Portfolio Services</title>
		<description><![CDATA[Track-Life L.L.C. announced it is helping hedge funds and investment groups manage an increasing number of distressed life settlement portfolios that include complex premium-financed policies. The company, which offers technology and services to portfolio managers for evaluating life settlements, says it recently began evaluating portfolios for banks and institutional investors that have taken ownership of [...]]]></description>
		<link>http://www.lifesettlementfraud.com/distressed-life-settlement-portfolio-services/</link>
			</item>
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		<title>Lifemark and CarVal deal looks like it won&#8217;t happen</title>
		<description><![CDATA[Lifemark investors could be forced to rely on the Financial Services Compensation Scheme (FSCS) to bail them out as talks between the troubled life settlement vehicle and CarVal Investors collapse. US hedge fund CarVal has walked away from a £40 million restructuring deal which would have seen 25,000 Lifemark investors repaid over a 14-year-period, according [...]]]></description>
		<link>http://www.lifesettlementfraud.com/lifemark-and-carval-deal-looks-like-it-wont-happen/</link>
			</item>
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		<title>Florida Insurance Agent Arrested in STOL Scheme</title>
		<description><![CDATA[A Florida insurance agent was arrested on numerous counts of alleged fraud and grand theft in connection with a stranger-originated life insurance (STOLI) scheme involving $78 million in death benefits, according to the Florida Department of Financial Services. Steven Brasner of Infinity Financial Group in Boynton Beach, Fla., was arrested at his office and booked [...]]]></description>
		<link>http://www.lifesettlementfraud.com/florida-insurance-agent-arressted-in-stoli-scheme/</link>
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