Viatical & Life Settlements
                                         consumer information
                                                            

__________________________________________________________________________________________________________

We do not buy
or sell
viatical contracts

 

 

 

 

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(not the actual cover)

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

Sales Agents Busted by the SEC

The Securities Exchange Commission filed suit against the following in the Southern District of Texas, alleging that they sold more than $13.5 million in promissory notes to approximately 140 elderly investors. We are aware that at least two of these licensed insurance agents also sold viatical investment contracts to seniors, and these were fraudulently acquired policies.

bulletJames Russell Hicks, age 45, and his wholly-owned company, Westshore Agency of Michigan Inc.
bulletEdward Neel Cox, age 54, of Houston, Texas.
bulletBilly Wayne Sparkman, age 49. of College Station, Texas
bulletJoseph Lee Covington, age 50, of College Station, Texas
bulletCharles F. Johnson, age 60, of College Station, Texas
bulletStephen T. Hoyl, age 36, of Amarillo, Texas
bulletDanny R. Mayfield, age 42, of Lubbock, Texas
bulletRandy J. Post, age 40, of Houston, Texas
bulletBenny A. Sides, age 52, of Odessa, Texas
bulletKurtis Keith Lowe, age 36, of Fort Worth, Texas
bulletWoody Keith Lowe, age 59, of Hereford, Texas
bulletJerry Lynn Ruyle, age 53, of Flint, Texas
bulletRobert Allen Blackburn, age 34, of Arlington, Texas

 

© 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)