Published by Think Advisor August 24, 2018 at 11:13 AM By Melanie Waddell An “eager and complicit network" of brokers and advisors made the scam possible, said attorney Joseph Peiffer. A series of lawsuits were filed nationwide Thursday in a bid to help swindled investors — mostly retirees — retrieve...
Published by Law360 August 23, 2018, 9:02 PM EDT By Carolina Bolado Law360 (August 23, 2018, 9:02 PM EDT) -- Victims of Future Income Payments LLC’s $100 million predatory lending scheme filed five lawsuits Thursday in New Jersey, Texas, Illinois, California and Florida against financial advisers and insurance agents...
Published by BenefitsPro August 23, 2018 at 07:00 PM By Nick Thorton Attorneys allege investment products were marketed up to March of 2018, even after FIP had been shut down in numerous states. Five lawsuits against individuals serving as middlemen marketers have been filed across the country on behalf of...
Published by The Plain Dealer Updated Aug 23, 6:10 PM; Posted Aug 23, 4:57 PM By Teresa Dixon Murray, The Plain Dealer CLEVELAND, Ohio -- A Lorain County man is among hundreds, possibly thousands, of victims of a sophisticated nationwide investment scheme, according to the law firm that filed numerous lawsuits on...
August 23, 2018 - Peiffer Wolf Carr & Kane (PWCK) Seeks Recovery for Swindled Investors From Insurance Agents, Investment Advisors and Brokers in Los Angeles Area, Houston, Chicago Area, Northern Florida, and Philadelphia/New Jersey. [audio mp3="https://fiplawsuit.com/wp-content/uploads/2018/08/FIPLawsuit.mp3"][/audio] LOS ANGELES, CA. – August 23, 2018 – A 72-year-old with no...
Published by Financial Advisor Magazine August 23, 2018 By Karen Demasters A New Orleans law firm has filed five suits—with the promise of more to come—in an attempt to get money back for investors, many of them retired, who say they were swindled in a $100 million scheme...
NATIONAL WAVE OF FIVE LAWSUITS FILED AGAINST “MIDDLEMEN” WHO LINED UP VICTIMS IN $100 MILLION PREDATORY RETIREMENT INVESTMENT SCHEME Peiffer Wolf Carr & Kane (PWCK) Seeks Recovery for Swindled Investors From Insurance Agents, Investment Advisors and Brokers in Los Angeles Area, Houston, Chicago Area, Northern...
Published by Financial Advisor Magazine August 10, 2018 530 a.m. ET By Karen Demasters Benjamin and Milea Sarap refinanced their home in Sunbury, Ohio, to invest more than $130,000 in a pension program that was supposed to give them monthly payments during their retirement, according to a lawsuit...
Published by THE WALL STREET JOURNAL July 23, 2018 530 a.m. ET By Jean Eaglesham Investors accuse Future Income Payments of taking them for more than $100 million Scott Kohn, a 64-year-old felon, ran a company from a Nevada strip-mall mailbox that investors claim took them for more than...
Published by disabledveterans.org Posted Feb. 1st, 2018 By Benjamin Krause One company allegedly taking advantage of vulnerable veterans is being sued for charging payments for a loan amount equivalent to 186 percent interest. One law firm alleges a company called Future Income Payments (FIP) is charging outrageous rates for loan...