US Federal Claims Commission / us-fcc.com

US Federal Claims Commission at http://www.us-fcc.com



If you have been referred to this organisation it means that you have been scammed once
and the fraudsters are now coming back for more!
Anyone referring you to this organisation is a fraudster.

OFFICE OF THE FEDERAL CLAIMS COMMISSION (FCC) has lead responsibility for pursuing and defending an ever-changing array of claims under international law brought by investors against foreign brokerage firms and by foreign nationals and governments. These claims most often relate to the expropriation of securities and investment disputes, but also encompass investment fraud, misallocation of funds and other financial related claims. The Office of FCC also develops claims resolution processes to assist efforts to resolve disputes between third countries and nationals and negotiates claims settlements.

Under international law and practice FCC does not formally espouse claims on behalf of victims unless the claimant can provide persuasive evidence demonstrating that certain prerequisites have been met. The most important of these requirements are that the claimant was at the time the claim arose and remains a foreigner, that all local remedies have been exhausted or the claimant has demonstrated that attempting to do so would be futile, and that the claim involves an act by the foreign government that is considered wrongful under international law.

Foreign nationals who wish to request the assistance of the FCC in pursuing a claim against a brokerage firm, and who can meet the requirements described above, may submit their request along with supporting information to [email protected].

Claimants are requested to provide a translation of any documents submitted that are not in English.

Investment Scams, Broker Fraud, & Viatical Settlement Fraud Claims
Viatical settlements are a risky investment that allows a person to invest in another person's life insurance policy. With a viatical settlement, a person can purchase the policy (or part of it) of another person at a price that is less than the death benefit of the policy. When the seller dies, the investor collects the death benefit. In theory this type of investment can help the insured and the investor, however, this type of investment is used commonly for investment scams and are often misrepresented as low risk and humanitarian.

If you have lost your life savings or a large amount of money through a viatical settlement and think that the investment was misrepresented, feel free to submit an inquiry or send an e-mail to us. We may be able to help you recover your losses or at least investigate the broker and companies that sold you the investments.

Viatical Settlements are Risky Investments & Common Investment Scam
It is an all too common scenario, a person is approached by a broker about a new investment that can pay big profits in a matter of months. The investment not only helps the investor, but the terminally ill person that desperately needs money. The broker then talks about how dangerous stocks, real estate, oil, commodities, and other investments are as well as goes over bonds and the low interest rates and rates of return that they pay. The broker then glosses over the risky part of viatical settlements including what happens if the "terminally ill" insured lives longer than expected.

Recently, the U.S. Securities & Exchange Commission (SEC) has filed complaints against large viatical settlement companies like Mutual Benefit Corporation and ABC Viaticals, Inc. It is estimated by the SEC that over 29,000 investors were bilked out of $1 billion by Mutual Benefits Corp. and about 4000 investors lost about $100 million from ABC Viaticals, Inc.

Fraudulent Broker Claims
A broker is a party that mediates between a buyer and a seller. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Brokers that push risky investments such as viatical settlements are often working for a commission and not for the best interest of the investor.

Some of the most common forms of broker fraud are as follows:

* Excessive Trading
* Misrepresentation
* Purchase of Unsuitable Securities
* Unsuitable Investments
* Variable Annuities/Variable Universal Life Policies
* Risky Retirement Planning
* Misrepresentation & Omission Concerning Risk
* Risk Profile Change

Brokers are paid commissions for the transactions they generate, which can lead to them pushing investments that are extremely risky such as viatical settlements.

If your retirement savings or other investments have suffered substantial losses, due to mismanagement, mishandling or misconduct on the part of your broker or financial professional, then you may want to speak to FCC to determine if your broker has committed fraud or negligence that has contributed to your losses.

Contact Us
EMAIL: [email protected]

Created anonymously 15th July 2016 for 1 year only