by Structured Settlement Watchdog
Rescue Capital’s Chief Operations Officer Maureen Healy shreds Ryan Blank’s Einstein Structured Settlements in a December 13, 2012 blog worthy of our structured settlement ” Social Media Road Kill” series.
Healy writes:
“Taking a look at the Einstein website under reviews, they have a video testimonial of a Hispanic client praising Einstein for their large lump sum. The young lady claims to have won the lottery but was just receiving $15,000 a month for life; Einstein helped her convert her payment into a lump sum so she could buy an oceanfront property in Miami and a Bentley“.
As “Major Healy”rightly observes “..gloating about buying ocean front property inand a Bentley can hardly be considered a typical and noteworthy reason to sell your payments. The reason will certainly not satisfy a best interest determination by the judiciary across many States in the US”.
Postscript
It was later determined that the purported Hispanic customer, bragging about trading her structured settlement for ocean front property in Miami and a Bentley was, in fact, a Fiverr actress named Fabiola, as part of a pattern of practice used by Einstein and its owners to deceive structured settlement consumers
In August 2024, the Federal Trade Commission established a final rule to combat fake reviews and testimonials. This rule prohibits their sale or purchase and enables the agency to pursue civil penalties against violators. It is a robust measure aimed at curbing the kind of fake reviews used by Einstein structured settlements in the 2010s and led to a 7 year ban from doing business in Maryland.
Leave a Reply