Structured Settlements 4Real®Blog 2026
Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.
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Category: Mt. Airy MD Structured Settlements
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The article discusses the misleading nature of high “rate of return” claims in structured settlement proposals, often characterized by terms like “tax-free rate” versus “taxable equivalent yield.” It emphasizes the importance of accurately understanding Internal Rate of Return (IRR) calculations, noting that different cash flows may yield varying results.
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The discount rate the educated annuitant negotiated was sub 5%! It shows that if you must go down the road of parting ways with stable tax free structured settlement income you absolutely must shop around. The company that low balled you might actually pay the most when in competition.
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The thing is there is no licensing requirement to purchase structured settlement payments. That is the problem and the reason why the Annuity Sold claim is false advertising.
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David Springer, a Maryland structured settlement broker, allegedly maintained multiple social media identities while embroiled in litigation over unfair trade practices. His various aliases, including James Goldstein and Sandy Jackson, have raised questions about his credibility and transparency. The ongoing presence of these fake personas complicates his legal challenges and public image.
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Offit Kurman, representing David Springer and Sovereign Funding Group in the Woodbridge lawsuit, filed a motion to withdraw due to non-payment of legal fees, labeling them as “deadbeats.” The motion also indicated that Sovereign Funding is not a lawful entity, controlled solely by Springer. This marks the second law firm to exit the case.
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Here’s more evidence that Mt. Airy, MD resident David Springer intentionally used fictitious characters (also known as “sock puppets”) to promote his business, Sovereign Funding Group in a deceptive manner,
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Mt Airy MD’s David Springer, an admitted cheat, through a series of made up characters that he created to endorse each other using public facing social media to promote his structured settlement factoring business.. Maryland BBB gave them an A+ despite knowledge.. Imagine if teachers gave A+ to cheats!
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The diabolical webuypayments cloaking/redirect scheme sparked lawsuits against Sovereign Funding Group and CEO David Springer and a series of “brandjacking” schemes that plagued the structured settlement secondary market 2010-2013. Structured Settlement Watchdog John Darer investigated the business relationships between those engaging in this behavior.
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WeBuyPayments.net was put up for sale by its owner through GoDaddy auctions with a minimum bid of $200. The domain had a controversial history and was cited in two lawsuits against Mt. Airy MD Faker David Springer, one of which resulted in a judgment against David Springer.
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David Springer from Mt. Airy MD was sued by competitors in the structured settlement factoring space. In April 2015, United States Federal Judge Marvin Garbis, found David Springer liable to Woodbridge Structured Funding and tied David Springer to his slithery webuypayments scheme.