by Structured Settlement Watchdog
Cash Now Pusher Reaches into the After Life for Business
Dead Woman and 13 Year Old Minor Were Solicited by Same Florida Structured Settlement Factoring Company
Recently a 13 year old minor received a letter from the “Department of Structured Settlement Affairs” about his/her structured settlement payments from the 2015/2016 year. Not content with prospecting for business from those in this world, a Ft Lauderdale company apparently solicits the dead*.
“Your structured settlement has been flagged to receive an audit by our underwriters for the 2015-2016 calendar year. We have assigned an account representative that can assist you in document retrieval. To verify and complete the audit process, please call 800-414…
This audit is extremely important in verifying your remaining payment streams for the 2017 calendar year.
We appreciate your cooperation in advance.To complete the audit please call 800-414…”
Download Department of Structured Settlement Affairs
Beware Official Sounding but Fake “Agencies” served up by Structured Settlement Secondary Market
These separate mailings appear to be part of a mass campaign across multiple state lines. They use US mail and email and bear an official‑sounding but completely fake “agency” name and the word “audit” to bamboozle structured settlement annuitants. One mailing was even sent to a woman who had been dead for four years.
When I called the toll free number on the letter a chap named Michael answered and said he was associated with a Ft Lauderdale Florida company, one of whose officers sits on the board of the National Association of Settlement Purchasers.
National Association of Settlement Purchasers Standards of Conduct
- Business practices that reflect negatively on the secondary market, which are unfair or deceptive, or which attract criticism from courts, legislators, regulators, or participants in the primary market pose a significant threat to the continued viability of the secondary market.
- Companies, firms, entities, or individuals that engage in these practices are not welcome in NASP and will not be invited to join NASP or to continue their membership.
- The Ft Lauderdale company is not the only company that has engaged in this type of deceptive business practice directly or through affiliate marketers. A recent former member of NASP, Seneca One, was notorious for this sort of practice
- A competitor of the Ft Lauderdale company which promotes itself with the tagline “Aftercare for Structured Settlements” has now been trumped by a company seeking structured settlement payment rights from prospects in the afterlife.
- The legal implications are significant.”
Legal Analysis (2026 Update)
The conduct described in this post is not only deceptive — it is unlawful under multiple Florida statutes. Florida’s false advertising law, Fla. Stat. §817.44, prohibits any advertisement or solicitation that is false, deceptive, or misleading. More importantly, Florida’s Government Impostor and Deceptive Advertisements Act, Fla. Stat. §817.417, makes it illegal for a private business to use a government‑sounding name, imply government affiliation, or send official‑looking notices to induce a financial transaction.
A fake “Department of Structured Settlement Affairs” using a toll‑free number such as 800‑414‑9193 fits squarely within the prohibited conduct. When such solicitations are sent across state lines — including to minors or deceased individuals — the pattern also raises potential federal mail fraud concerns.
Source: Fla. Stat. §817.44 — False advertising prohibited. Source: Fla. Stat. §817.417 — Government‑impostor and deceptive solicitation prohibitions.
Red Flags of Government‑Impostor Structured Settlement Scams
- Government‑sounding names (“Department of…”, “Bureau of…”, “Division of…”)
- Fake “audit” notices or official‑looking formatting
- Toll‑free numbers with no agency identification
- Mailers sent to minors or deceased individuals
- Urgent or threatening language (“Immediate action required”)
- Requests for documents, personal information, or payment details
- Claims that a government agency is monitoring structured settlement payments