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NJ firm accused of scamming 9/11 heroes, NFL concussion victims
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NEW YORK - New York and federal authorities sued a company Tuesday that they say scammed sick 9/11 responders and National Football League players who are receiving payouts for concussion-related injuries.In the lawsuit, the New York attorney general and the Consumer Financial Protection Bureau allege New Jersey-based RD Legal Funding and its founder Roni Dersovitz lured 9/11 responders who are struggling with cancer and respiratory illness as well as former NFL players with brain injuries into costly advances on their settlements.Authorities said the company contacted the responders and former pro football players when it found out about their settlements, but before the people were actually paid.
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NY AG: Company ripped off 9/11 responders, NFL concussion victims
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A lending company promised 9/11 and NFL concussion victims attractive advances on payouts — then cheated them out of millions with "unlawfully high" interest rates, the New York State Attorney General alleged Tuesday.RD Legal Funding, based in Cresskill, N.J., markets advances to people entitled to money from victim compensation programs and other legal settlements.The company allegedly tricked 9/11 first responders suffering from cancer and other Ground Zero-related illnesses, as well as former pro football players reeling from traumatic brain injuries, "out of millions of dollars by luring them into costly advances on compensation fund and settlement payouts by lying about the terms of the deals," said State Attorney General Eric Schneiderman and the Consumer Financial Protection Bureau, who filed a federal lawsuit in Manhattan on Tuesday.
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US, NY accuse firm of scamming 9/11 heroes, NFL retirees
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NEW YORK (Reuters) - A company that advances money to people awaiting settlement payouts was accused by New York and federal regulators of scamming sick responders to the Sept. 11, 2001 attacks, as well as National Football League retirees with brain injuries.RD Legal Funding LLC and founder Roni Dersovitz allegedly cheated victims out of millions of dollars by deceiving them about the terms of its advances, according to a lawsuit filed on Tuesday by the U.S. Consumer Financial Protection Bureau and the office of New York Attorney General Eric Schneiderman.Victims of the Cresskill, New Jersey-based company allegedly included firefighters, police officers and other 9/11 first responders suffering from cancer, other respiratory illnesses, stress and depression.
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Cresskill Company Accused Of Scamming 9/11 Heroes, NFL Players
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CRESSKILL, N.J. — RD Legal Funding of Cresskill is being sued by the New York Attorney General and U.S. Consumer Financial Protection Bureau for allegedly cheating 9/11 first responders and injured professional football players out of millions of dollars.Attorney General Eric T. Schneiderman and the bureau on Tuesday announced a lawsuit alleging the company and its owner, Roni Dersovitz, scammed heroes and NFL concussion victims out of money intended to cover medical costs, lost income, and other critical needs.The company held a 9/11 First Responder Boat Cruise in October 2011, according to photos posted on the firm's Facebook page.
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Hedge fund allegedly scammed 9/11 first responders, NFL concussion victims
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A hedge fund deceived police officers and firefighters who responded to the Sept. 11 terrorist attacks and cost them millions earmarked for their health, New York's attorney general and a federal regulator alleged in a lawsuit Tuesday.The hedge fund, RD Legal Capital, in some instances allegedly charged the first responders interest rates above 250% to advance federal cash due for the medical care of sick workers, according to the suit.RD Legal similarly defrauded former National Football League players in line for a $1 billion settlement over head injuries suffered in their careers, authorities alleged.
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