by Structured Settlement Watchdog
Einstein Structured Settlements refers to the Better Business Bureau of Greater Maryland as “a scam company known to publish false ratings” in its review of Sovereign Funding Group. Einstein seemed indredulous that David Springer’s Sovereign Funding Group has earned an A+ from the BBB.
Is it really necessary to throw out the word scam all the time? Some people use the word scam so much to describe things that are not scams that there is no credibility in the use of the word anymore.
Even though, by any reasonable standard, we know that Einstein Structured Settlements really did attempt to scam consumers in its advertising, by posting faking academic credentials for Ryan Einstein (Ryan Blank) [see Einstein Structured Settlements and Reasonable Doubt January 10, 2013] , perhaps the secondary market scam chuckers can be more judicious in their use of the word scam so that it has meaning.
Bernie Madoff and Scott Rothstein ran scams. The credibility of the rating process of the Better Business Bureau of Maryland may be on the line, but it is not a scam.
The Better Business Bureau of Greater Maryland is aware of the June 28, 2013 deposition testimony of David Springer in the Woodbridge case. Subsequent to that deposition testimony and our highlighting of same, David Springer made changes in the Better Business Bureau online information for Sovereign Funding Group and some other online profiles. I understand that the Better Business Bureau of Greater Maryland is monitoring the Woodbridge case against Sovereign Funding and reserving an action until the case is resolved one way or another. Had those in charge of Einstein SS simply done their homework they would have known this.
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