Life Settlement News
Life-Exchange and European Member Firm, Advanced Life Settlements Management Prevent Industry Abuse
Life-Exchange, Inc., (Pink Sheets:LFXG) the nation’s leading trading platform for the life settlement industry, announced today that their system has been successful in preventing the first attempted abuse of the electronic life settlement market. Three weeks ago it was discovered that a member broker had attempted to circumvent the exchange and simultaneously defraud their client by falsifying the offer amount. Due to the cooperation of Advanced Life Settlements Management (Advanced LSM), the first European member to join Life-Exchange, and other exchange members the abuse was quickly detected and prevented.
European Life Settlements Specialists First to Trade on US Life Settlement Exchange
Advanced Life Settlements Management, B.V. (“Advanced LSM”),—specialists in the Netherlands focused on the US life settlement market announced today the successful closing of their first advisory trade on Life-Exchange.
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