Fraudulent Sales Pitch of the MonthFraudulent Sales Pitch of the Month
The Commonwealth of Massachusetts recently issued a fraud alert concerning Senior Benefit Centers Network and Senior Financial Survival Workshops. In its sales training to associates, the organization suggests playing upon memories of the Depression and fears about the high cost of nursing homes when selling annuities to the elderly. Worse, it instructs the salesmen to tell the clients not to mention
September 1, 2003
The Commonwealth of Massachusetts recently issued a fraud alert concerning Senior Benefit Centers Network and Senior Financial Survival Workshops. In its sales training to associates, the organization suggests playing upon memories of the Depression and fears about the high cost of nursing homes when selling annuities to the elderly. Worse, it instructs the salesmen to tell the clients “not to mention a word about this to your kids.” How sweet.
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