by Structured Settlement Watchdog
Richart Ruddie Consent Order Fraud Drama
The Richart Ruddie Consent Order fraud drama is growing into a major scandal in the Maryland Cauldron of Deceit. Richart Ruddie, who runs what has been described as a shady reputation management firm, has been under criminal investigation by the Rhode island US attorney since late 2016, is or has been involved with JRR Funding, Annuity Sold, Einstein Structured Settlements, Edison Funding, Greenspring Funding, Franklin Funding and several other brands. Upon information and belief, Ruddie has done work with two members of the National Association of Settlement Purchasers (NASP).
Baltimore City judges duped into signing denied an attempt to vacate a consent order procured by fraud
With at least 4 consent orders tied to Ruddie at stake, Myvesta, a client of Paul Alan Levy of the Public Citizen law group which successfully got a Rhode Island consent order vacated that led to the criminal investigation against Ruddie, has filed an amicus brief. The Myvesta amicus brief is a must read to gain an understanding about the extent of the fraud. There is apparently more to be learned about Richart Ruddie’s shenanigans, but Levy states that he is under some restriction so as not interfere with the ongoing Rhode Island criminal investigation
Download Myvestaamicusbrief re Ruddie Deindexing Fraud
Why was Baltimore City chosen as Preferred Venue?
Tim Cushing of TechDirt wrote on May 16, 2017 “Levy points out Ruddie’s preferred legal venue (Baltimore City) is likely due to the fact that his business (what’s left of it) is located in that area.
It would be very unlikely for so many defendants to be located in the Baltimore area, given the worldwide nature of the internet, but somehow these plaintiffs keep finding anonymous commenters right in Ruddie’s backyard. (And with record speed, too. In Ruddie’s faux lawsuits, commenters are usually unmasked within a few days of a lawsuit’s filing, all without subpoenas or court orders demanding the identifying info behind IP addresses and pseudonyms.)”
With the miles Ruddie has apparently traveled down this path, it seems like something that Maryland attorney general Bryan Frosh should be interested in.