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.
recent posts
- Daily Rates Are Often an Important Cost Driver of Structured Settlements
- 🔥Founder and Former CEO of 777 Partners, Joshua Wander, Pleads Guilty⚖️ to $500 Million Fraud Scheme — DOJ Confirms Double‑Pledging, Misappropriation of Structured‑Settlement Funds, and Falsified Bank Statements
- The Steering Problem Needs a Wake‑Up Call
- Companies Still Using the Incorrect Term “Secondary Market Annuity”
- Canonical: Non‑Qualified Assignment (NQA)
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Category: Mt. Airy Structured Settlements
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The registrations of these domains are “private” and anonymous. However, based upon its evaluation of David Springer’s testimony and the fact that the beneficiary of the redirects was Springer, the Maryland District Court found that Mt. Airy’s David Springer owned, or at least controlled, these websites
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David Springer admitted under oath that he was the nly employee of Sovereign Funding.There is nothing wrong with “admiring” yourself in a mirror but , in my opinion, there is something seriously unethical when someone or some entity reviews itself in public facing social media to drum up business!
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David Springer’s June 28, 2013 deposition revealed that he created fake identities to mislead the public about Sovereign Funding Group, admitting under oath to fabricating names for employees and profiles on platforms like LinkedIn and Google Plus. These actions raise serious ethical and legal concerns regarding consumer trust and deceptive business practices.
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David Springer of Mt. Airy, MD, was falsely held out as a lawyer in a 2011 video ad by Sovereign Funding Group. David Springer was not a lawyer. Springer’s false and misleading advertisement was used to solicit structured settlement payees to sell their payments..
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David Springer admitted in deposition and trial testimony that he completely made up the name James Goldstein and a number of other aliases (which were deceptively used in social media. The Mt Airy based Springer included David Springer egregiously endorsing himself through his fake identities.
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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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The Better Business Bureau lists Sovereign Funding Group’s location in Mount Airy, MD, owned by David and Melissa Springer. Despite claims of ceased operations in 2012, the company remains active online and has questionable address listings, including a UPS store mailbox in Rockville. Public records contradict its operational status.
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Simply another example that heightens concerns about the solicitation practices of structured settlement factoring companies like David Springer’s Sovereign Funding Group. There is is no need for such misinformation to be targeted to American consumers.
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Call it coincidental if you wish, but we find it odd that this has happened since we amped up the heat on Sovereign Funding Group, the company who the URLs previously pointed to.
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Webuypayments.net was the landing page for a redirect scheme that a MD judge later determined was orchestrated by David Springer of Mt. Airy MD settlement factoring industry companies, cities, states and towns in an apparent SEO effort to boost local traffic to what appears to be a spam website. The domain was registered to Springer…