Life Settlement Securities - Fraud Alert - Aaron Skloff, AIF, CFA, MBA - CEO Skloff Financial Group

Fraud Alert Life Settlement Securities www.skloff.com

Wall Street Journal – Fraud Alert – Life Settlement Securities - 05/15/10 “Scam artists are targeting people trying to repair their nest eggs.” “Many investors in their 50s and 60s are desperate to bulk up their nest eggs. But they remain skittish about the stock market—and are frustrated with low interest rates.” “It's a combination that makes them especially susceptible to fraud.” www.skloff.com

Wall Street Journal – Fraud Alert – Life Settlement Securities - 05/15/10 “Life settlements, in which older adults sell their life-insurance policies to investors at a discount to face value, have drawn scrutiny for the industry's high fees, opaque nature and aggressive sales practices.” “Now there are concerns about fraud in the "securitizing" of life settlements.” www.skloff.com

Wall Street Journal – Fraud Alert – Life Settlement Securities - 05/15/10 “Some companies are packaging hundreds of policies and using them to back the sale of notes.” “That means the policies being securitized could be overvalued—or faked, says Denise Voigt Crawford, Texas securities commissioner.” www.skloff.com

Aaron Skloff, AIF, CFA, MBA Chief Executive Officer Skloff Financial Group 908.464.3060 www.skloff.com

Life Settlement Securities - Fraud Alert - Aaron Skloff, AIF, CFA, MBA - CEO Skloff Financial Group

by Aaron Skloff, AIF, CFA, MBA on May 28, 2010

Accessibility

Categories

Tags

Upload Details

Usage Rights

2 Embeds 39

Statistics

Life Settlement Securities - Fraud Alert - Aaron Skloff, AIF, CFA, MBA - CEO Skloff Financial Group — Presentation Transcript

http://www.slideshare.net	37
http://www.lmodules.com	2