This forum post is hidden because you have chosen to ignore melvinhill. Show Details
This forum post is hidden because you have submitted an abuse report against it. Show Details
An elder law attorney is across the hall and I attend these. We've both had clients ripped off by slick annuity salesmen and real estate Ponzi scheme carpet baggers. We've been to some seminars where the speaker actually asks if there's somebody in the crowd from the Dept. of Insurance. We go (sometimes I take with me a Reverse Mortgage friend who has strong ethics...we feel we are getting an education while doing good), take the free lunch, and send the seminar info to the Dept. of Insurance for California or the local financial professional organization the out of towner is not a member of . I've gotten a letter back from one agent (and the DOI...who wrote me a thank you letter) who cleaned up his newspaper ad. Sent me how it looks now that he's made it legal. Another agent...well, his card is still on my wall. He's being investigated still...and being fined. Glad to see AARP has a "spy team", too. Charles Ponzi wouldn't fare well in our town; nor would Annie Annuity or Fast Reverse Mortgage Man or Trust Mill Sally, wannabe financial planner trolling for some almost attorney.
-Dan, Santa Cruz, CA, Sept. 2008
We are all in this to see what we can do to keep these seminars clean. If you decide to go to another one, let AARP know what you heard.