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Archive for January, 2009

AA-Partners launches Life Settlement Index

Thursday, January 29th, 2009

Life Settlement Investors have lacked a reliable and updated benchmark which demonstrates the performance of the various funds dedicated to this secondary market. The AAP Life Settlement Index should help solve this issues.
Here is a little bit about the Index:
The AAP Life Settlement Index was developed to provide investors a transparent, representative benchmark of different [...]

Life Settlement Advertising Released

Thursday, January 22nd, 2009

ORLANDO, FL – Life Settlement Info (LifeSettlementInfo.com) is now accepting advertisers from the Life Settlement Industry onto their web site. Life Settlement Info is a Life Settlement resource and information provider to consumers, financial professionals, and individuals within the industry. Life
Settlement Info is the first site to offer an open directory strictly for the Life [...]

More lawsuits in Mutual Benefits Scam

Thursday, January 22nd, 2009

Looks like more lawsuits and accusations are coming out regarding the Mutual Benefits scam. This time the husband of Broward county mayor has been named.
According to the lawsuit, Russ Klenet — Mayor Stacy Ritter’s spouse and a prominent state lobbyist — borrowed the money to take over an investment firm that buys and sells life [...]

Investment in Life Insurance Policies

Thursday, January 15th, 2009

Found this information on the 10-Q provided by MaxLife Fund Corporation. However, it gives a nice outline for life settlement investors or those looking to invest in life settlements.
Investment in life insurance policies are recorded in accordance the Financial Accounting Standards Board Staff Position No. FTB 85-4-1 Accounting for Life Settlement Contracts by Third-Party Investors [...]

Mutual Benefits Updates

Tuesday, January 6th, 2009

Looks like indictments and more court appearances have started for those involved in the Mutual Benefits Viatical Fraud Cases.
A couple good reads:
Mutual Benefits Fraud Indictments (Thanks to Life Settlement Fraud)
Mutual Benefits officials charged (Thanks to Miami Herald)
There will be more and more news and updates about the cases, settlements, charges, fraud, etc.. We will continue [...]