Fraud defendants plead guilty, agree to pay $826 million
MIAMI — Three people pleaded guilty Tuesday in a multimillion dollar scheme to defraud life insurance policy investors, authorities said.
Raquel Kohler, Ameer Khan and Stephen Ziegler each pleaded guilty in federal court in Miami to one count of conspiracy in connection to fraudulent activities through Mutual Benefits [...]
The insurance carrier for Miami’s Spear Safer CPAs & Advisors has agreed to pay $3.5 million to the court-appointed receiver of Mutual Benefits to settle allegations the accounting firm was negligent in its audits of the viatical and life settlement company.
M. Glenn Spear, Spear Safer’s managing partner, said his firm did nothing wrong.
”We did our [...]
Boston Ventures and Genstar Capital Invest in 21st Services
BOSTON & SAN FRANCISCO–(BUSINESS WIRE)–Genstar Capital, LLC and Boston Ventures announced today a majority investment in 21st Services, in partnership with management. The Minneapolis, Minnesota based Company is a leading provider of mission critical, life expectancy information that is currently used in the life settlement industry, [...]
Boston Ventures and Genstar Capital Invest in 21st Services
BOSTON & SAN FRANCISCO–(BUSINESS WIRE)–Genstar Capital, LLC and Boston Ventures announced today a majority investment in 21st Services, in partnership with management. The Minneapolis, Minnesota based Company is a leading provider of mission critical, life expectancy information that is currently used in the life settlement industry, [...]
You are currently browsing the Life Settlement News weblog archives for July, 2007.
