Life Settlement Solutions is gearing up for their June Life Settlement Awareness Month..

All events begin at 1:30 p.m. Eastern time, are free of charge and are presented over the Internet. The schedule of events is as follows:

– June 1 – Fundamentals of Life Settlements (open participation)
– June 4 – Advanced Strategies – Case Studies (open participation)
– June 11 – Life Settlements Investments – Portfolio Diversification and Investment Outlook (qualified participants only)
– June 16 – Life Settlement Portfolios and Servicing Strategies (qualified participants only)
– June 23 – How the Changes in the Life Settlement Industry Over the Last Year Will Impact the Market Going Forward (qualified participants only)
– June 25 – Advanced Strategies – Regulation and Trends (open participation)
– June 30 – Fundamentals (REPLAY) (open participation)

Also during June, Life Settlement Solutions will be exhibiting at the annual Million Dollar Round Table convention in Indianapolis, and will be offering a continuing education course for life licensing that has been approved in all 50 states.

To register for the events, visit www.lifesettlementawarenessmonth.com. For questions, pre-qualification as a qualified participant or more information, contact Angie Robert at 858/576-8067 or arobert@lifefirms.com.

In other news, the Top 10 Influential Individuals in the Life Settlement Industry was released by LifeSettlementReview.com

Looks like some more bad news regarding investing in life settlements.

The U.S. filed civil and criminal charges against New York hedge-fund manager Edward T. Stein, accusing him of running a “classic Ponzi scheme” that moved more than $55 million through accounts while preying on friends and acquaintances.

His used a life settlement hedge fund labeled DISP LLC to create the fraud. We cannot find out much about this LLC or if any policies were ever purchased.

Read the complete article over at Life Settlement Fraud:
Life Settlement Ponzi Scheme

We are also not sure if it was only investors in the New York area or on a national level.

The following legislation originating from the Senate was approved by the House last week:

SB 61, which would establish the Life Settlements Act, providing oversight and regulation of life settlement contracts and requiring brokers to be licensed and regulated by the Georgia Department of Insurance.

We will post more information once we receive it.

More info can be found at Life Settlement License.