williemo

Challenge to Life Partners' Auditor: Address Red Flags

is it possible that you work for the federal government and have the opinion that 'what the market bears' is illegal or improper. The life settlements business is arguably a puzzling business, but upon study of it's core industry, one would find that there are statutes in place to protect sellers of their polices. Also, LPHI doesn't have to be a public company, but has chosen to do so. Yes, the way you have presented the material, it appears there are some issues, but anyone could do this about just about any company and find similar results. I personally believe you are jealous of a company that has found a nitch in putting buyers and sellers together, acting as a broker. I'm not saying nothing is suspect, but I wonder how your comments would be affected if you, in fact, visited the company and its officers personally, or interviewed many of the policyholders that have rec'd needed funds over the years, because a company has found a legitimate way to put buyers and sellers together to get funds to someone in need. God bless the accounting firm and LPHI, as I hope they both prove your comments very biased and just plane jealous of a company making a good profit....for everyone involved in the process.