Close

Articles Posted in Life Insurance Policies

Updated:

Firm and CEO Settle Charges with SEC for Ponzi-like Plot Relating to Life Settlements

On May 4, 2017, the Securities and Exchange Commission (“SEC”) reached a settlement with Verto Capital Management, LLC (“Verto”), a New Jersey-based life settlement firm, and its CEO, William Schantz III (“Schantz”).  Verto and Schantz consented to pay the SEC about $4 million, which includes both disgorgement and a penalty,…

Contact Us