Structured Settlements 4Real®Blog 2026

It’s ironic that MJ Settlements includes the statement in a pargaraph called “Trust” Captured for reference purposes December 26, 2025.

What is Trust?

•  assured reliance on the character, ability, strength, or truth of someone or something (Source: Merriam Webster)
• The attitude of expecting good performance from another party, whether in terms of loyalty, goodwill, truth, or promises. The importance of trust as a kind of invisible glue that binds society together is most visible when it is lost. Trust involves an element of risk, and epistemologists can have trouble categorizing it as rational, since it works best in advance, for example to motivate performance on occasions when defection may be to the advantage of the person trusted. Economically trust is precious, enabling parties to bypass the costly precautions and safeguards needed in transactions with parties whom one does not trust. Trustworthiness is a virtue, subsuming varieties such as truthfulness and fidelity. It is a general ambition of democratic politicians to be trusted whether or not they are trustworthy.(Source: Oxford English dictionary)

Is a Permanent Bar from FINRA an example of Trust?

Todd Michael Lesk – Investment Adviser

Is Positioning Receivables as Annuities to Help Induce an Investor to Bite, Trustworthy?

Now, let’s consider the MJ Settlements claims that their secondary market annuties (that are not annuities) are supported by insurance companies.

What does ” Supported by” Insurance Companies Mean?

supported by | Meaning, Grammar Guide & Usage Examples | Ludwig.guru

“You can use it to indicate that something is backed up or endorsed by another thing, or that one thing acts as a foundation for another.”

The current offering sheet for MJ Settlements lists structured settlement receivables are said to be from Trans America Life. Sounds like something you get at a Pontiac dealership, with a spoiler and a Firebird painted on the hood, or perhaps something else..

Transamerica’s parent company, Aegon N.V., sold its entire block of existing, closed structured settlement annuity business in a reinsurance deal with Wilton Reassurance Company in June 2017. We’re talking 8.5 years prior to the date of this posting and the current listing for sale on MJ Settlements. Transamerica had already placed this business in “run-off” mode, meaning it stopped selling new structured settlement products in 2003, years before the 2017 sale. 

What part of sold its entire block of existing, closed stuctured settlement annuty business does Todd Lesk not understand? Tranamerica has not issued stuctured settlement annuities since 2003!

Transamerica Structured Settlements Are Serviced by Alliance One Services, Inc. Nashville

MJ Settlements “Deal of the Day” Ratings Mystery

MJ Settlements Advertisement on X.com November 10, 2025 and still posted December 29, 2025

A+ rating for Genworth Life Insurance Company in X solicitation?

Here’s what I found:

Genworth Life Ratings according to A.M. Best and Genworth

A. M. Best C++ (September 17, 2025)

• AM Best Revises Outlooks to Positive for Genworth Financial Group’s Members; Affirms Credit Ratings of Genworth Financial, Inc. and Genworth Life and Annuity Insurance Company
• Genworth Industry Ratings | Genworth

Standard & Poors BB-

Moodys Baa3 (August 6, 2025)

• Genworth Financial Receives Ratings Upgrade from Moody’s :: Genworth Financial, Inc. (GNW)

Weiss Ratings C

• Summary – GENWORTH LIFE INS CO – Weiss Ratings

Why would MJ Settlements solicit investors in receivables by broadcasting on X that Genworth Life Insurance Company has an A+ rating when it doesn’t?

Last updated December 29, 2025