Investing in Stranger's Life Insurance Carries Big Risks.(viatical transaction warning, electric utilities deregulation)(Brief Article)

Los Angeles Business Journal | September 25, 2000| | Copyright

You may have been approached to buy a "viatical" -- supposedly a safe investment with a high return.

"Profits guaranteed!" "Your principal safe," the Web sites scream.

But viaticals are a dangerous business today. Cheating is rife. Your potential returns are often stated deceptively. Several states have indicted viatical salespeople for fraud.

It's hard for amateurs to tell the plausible investments from the stinkers -- which makes it risky for amateurs to go anywhere near them.

With a viatical transaction, you invest in a stranger's life ...

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

GAA: VERDICTS.(Sport)
Newspaper article from: The Mirror (London, England) ; ...on the opening day of the National League last year in Ennis.VERDICT: ClareLAOIS v CORK 3.30 at Rathdowney Verdict: Cork VERDICTS LONDON v ROSCOMMON 3.30 at Ruislip Verdict: Roscommon WICKLOW v WESTMEATH 3.30 at Aughrim Verdict: Wicklow...
Verdict that causes headaches for judges - but relief for those freed ANALYSIS
Newspaper article from: The Scotsman ; ...TENSION mounts as the verdict is awaited. Outside...back. But it's not a verdict ... they just want...proven are acquittal verdicts - the accused is freed...unique system of three verdicts - guilty, not guilty...that b****** verdict" by Sir Walter Scott...
WEEKEND VERDICTS.(Sport)
Newspaper article from: The Mirror (London, England) ; ...St Brigid's, Parnell Park, 4pm Verdict: Craobh Chiarain Sunday Tipperary...Toomevara, Semple Stadium, 3.30 Verdict: Toomevara Clare SHC Final: Clarecastle v Ballyea, Ennis, 3.30 Verdict: Clarecastle Cork SHC Final: Blackrock...
McVeigh Verdict
Transcript from: NPR Morning Edition ; ...Oklahoma City. The jury returned the verdict after five weeks of testimony and arguments...Goodwyn was in the courtroom when the verdict was read. WADE GOODWYN, NPR REPORTER: The word that the jury had reached a verdict was passed on to the press and the survivors...
JURY VERDICTS SUBSTANTIAL AND ARE ON THE RISE.(EDITORIAL)(You and the law)
Newspaper article from: The Kentucky Post (Covington, KY) ; ...whereas the top 10 verdicts last year totaled...products liability verdict ever - a $4...30 million verdict. The only area where verdicts did not rise...28 million verdict against the Chicago...hard by jury verdicts. The largest...
Total Top Ten verdict awards for 2007 is smallest in 14 years
Newspaper article from: Lawyers USA ; ...several significant verdicts. 2007's #2 verdict was the largest...the smallest #1 verdict since 1993...10 of the top verdicts were for more...2007, only two verdicts had that distinction. * The #1 verdict in 2007 would...
[ Trials: Verdict for man charged in fatal bombing... ]
Newspaper article from: The Topeka Capital-Journal ; Trials: Verdict for man charged in fatal bombing may not...Dixon trial ends when jury reaches a verdict, which would be sealed. - After a two...lasts about one and one-half weeks. - Verdict is reached in Griffin trial --- Verdict...
When is an inconsistent verdict not inconsistent?(Florida law)
Magazine article from: Florida Bar Journal ; ...with inconsistent verdicts, the actual results...an inconsistent verdict? An inconsistent...the inconsistent verdict, Florida decisions...to inconsistent verdicts. While recognizing...inconsistent verdict occurs when verdicts against one defendant...
Damages For Post-Infringement-Verdict Sales Are Affected By The Stay Of Injunction.
News Wire article from: Mondaq Business Briefing ; ...of damages for a post-infringement-verdict period, the U.S. Court of Appeals...the per unit royalty rate for the post-verdict period, and remanded the damages issue...consideration in view of the parties' post-verdict legal relationship. Amado v. Microsoft...
Twin Citians' reactions to verdicts vary widely; Some people were happy and some were angry at the decision, but there was also a large middle ground of indifference.(NEWS)
Newspaper article from: Star Tribune (Minneapolis, MN) ; ...happier" about the verdicts. She expects that...the not-guilty verdict in Simpson's murder...that's why the verdicts are not inconsistent...thought the first verdict was a sham, the...t cheering the verdicts; they were hoisting...Was there a verdict? What was it...

Find more facts and information related to the article "Investing in Stranger's Life Insurance Carries ..."