More lawsuits in Mutual Benefits Scam
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 insurance policy settlements. Klenet is accused of selling the business last year and “pocketing” the proceeds without repaying his debts back to Steven Steiner and Henry Fecker.
Looks like the firm in question is: Life Settlements International, which Klenet sold to Cantor Fitzgerald (alleged in the lawsuit.)
Read the complete article from the Sun Sentinel at Life Settlement Fraud.
Lawsuit from Mutual Benefits Executives
