Rothstein Case Is Not About Structured Settlements

Structured settlement experts Mark Wahlstrom and John Darer discuss the recent headlines of Attorney Scott Rothstein who appears to be at the center of another major financial fraud.

The reason we are addressing this is that the press has unfortunately started to use the term Structured Settlements to describe the legal finance and loan operation that was being run as an apparent Ponzi scheme by Rothstein. To mix up this term with what was being done to plaintiffs and investors is a huge mistake and one that is discussed by two of the structuredsettlement professions leading commentators.

 

Posted on November 6, 2009 .