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Archive for February, 2009

New Prescreening Tool for Life Settlement Cases

Sunday, February 22nd, 2009

21st Services has announced that it is offering prescreening for life settlement cases with its new evaluation tool, the CLPR. Clients provide their own medical information, either online or in a phone interview. The release coincides with the introduction of online enhancements for the company’s main life expectancy evaluation and the launch of a new [...]

Cantor expects large growth in Life Settlement Market

Wednesday, February 11th, 2009

With all the doom and gloom news we have been hearing, this some positive news.
Cantor Fitzgerald, the global financial services firm, is helping individuals who need extra cash sell their life insurance policies to institutional investors. Cantor LifeMarkets Chief Executive Officer, Stuart Hersch, says the value of policies traded, currently an estimated $20 billion of [...]

Elucido Fund LP frauded investors?

Friday, February 6th, 2009

It looks like we have more news about life settlement investment fraud. It seems that investors put about $2 million into the Elucido fund to purchase life settlement contracts, and the funds were misplaced.
SEC has frozen the assets of the private fund manager Scott M. Ross of Gilberts, Ill.
Read the complete release here:
Scott Ross Allegedly [...]