Ever wanted to own a luxury car that's usually reserved for royalty and foreign dignitaries? Now you can get the chance at GovernmentAuctions.org. a beautiful 1995 Rolls Royce Silver Spur III now currently available for online auction courtesy of the U.S. Marshals. This handcrafted luxury vehicle comes standard with power windows, power windows, power seats, power door locks, power brakes, cruise control, air conditioning, leather seating, hardtop roof, AM/FM radio, CD changer in the trunk, factory brand stereo, alarm system, premium factory wheels, and just over 31k miles. The vehicle itself is in fantastic aesthetic condition both inside and out, but only requires a new battery in order to be up and running again. The current asking price for this Rolls Royce is just $23,500 with no bids as of yet. The car is currently being held in Las Vegas, and the auction will be ending in just a few short weeks so be sure to activate your 3-day free trial account now.
Monday, February 16, 2015
Estate Planner Fined $43M For Turning Death Benefits of the Terminally Ill Into An Investment Opportunity
From 1995 through December 2010, Caramadre was the President, CEO and majority owner of Estate Planning Resources, Inc. As part of the plea deal, Caramadre admitted to scheming 1) financial institutions, and 2) terminally-ill individuals.
What did he do? Caramadre purchased variable annuities that carried death benefits, payable if the annuitant died, from insurance companies and assigned terminally-ill individuals as the annuitants. He did not notify the family of the terminally-ill participant about the variable annuities purchased and kept the proceeds for his company. The death benefit is usually the initial amount invested plus any gain from the investment.
To find terminally ill patients Caramadre placed ads in the newspaper of the Roman Catholic Diocese of Providence promising $2,000 to all respondents -- those who went on to participate in the scheme received between $3,000 and $10,000. When prosecutors questioned the family members of the terminally-ill patients recruited for the scheme they claimed that even though their loved ones took the money, they didn't understand the full scheme. He is also accused of taking actionable steps to mislead family members.
To read the actual charges, click here. Sign up for updates with your email address below.
Get ready for summer fishing trips with this assorted lot of 30 Gerber knives. These fine-quality knives are not only perfect for knife enthusiasts, but also for collectors. They’re also ideal for buyers who want to flip the knives individually for a profit. These knives come in an assortment of various sizes, colors, types, models, and conditions. They also include both fine and serrated blades. The knives all appear to be in great shape but an inspection of this auction is still strongly encouraged prior to bidding. The current asking price for this bulk auction is just $137 with 3 online bids already placed and just 2 days, 20 hours, and 36 minutes remaining. To find out more about this deal, simplyactivating your free trial now.