Viatical & Life Settlements
                                         consumer information
                                                            

__________________________________________________________________________________________________________

We do not buy
or sell
viatical contracts

 

 

 

 




(not the actual cover)

In sympathy
  with people
from 86 nations
  who lost loved ones
on 9-11

Agents raid Kelco, Search for mail fraud evidence

LEXINGTON, KY, May 19, 2000 - More than 80 Federal agents raided the offices of Kelco around 7 a.m. Friday morning. Agents representing the U.S. attorney's office, U.S. postal inspector's office, and FBI entered the Kelco Company's Lexington office, looking for records related to possible mail fraud violations.

Kelco is a viatical and life settlements company which buys life insurance policies from terminally ill people and healthy seniors. Their subsidiary, Genesis, is a viatical broker. The company sells viatical investments to the public, primarily through Trade Partners, Inc. Agents also raided the Michigan offices of Trade Partners.

The investigation is part of a national initiative called "Operation Cleansheet."

Similar searches were executed simultaneously at businesses in Michigan, Ohio and Georgia.

To Order Books
Click links
at the bottom
of the page

© 1998 - 2008 Bialkin Books, publisher of viatical books banned in Texas and Florida
(at the behest of companies that consider informed consumers dangerous to their bottom line):
Viatical Litigation: Principles & Practice - the first legal text on the industry
Viatical & Life Settlements: An Investor's Guide
Click on Title to Order
For Consultation/Seminars 1-888-798-BOOK (1-888-798-2665)