Agent Arrested and Convicted for Selling an Annuity.

[hardworkwillwin]

Anyone know what Glenn is doing for a living now that he doesn't have his license?

Working at selling bottled water. www.enhanceh20.com Product is called Enhanceh2o.Website should be up in a couple of days.
I'm selling a 100% all natural spring water then we add plant derived minerals,vitamins,amino acids.(Electrolytes)Great tasting water, and very good for you.I'm the current CEO/majority owner.

 

[Dave020]

 

[CHUMPS FROM OXFORD]

Are you sure that is the link to your company (see below):

"Our Clinic Specializes In Mens Sexual Health Exclusively. Call Us!"

 

[scagnt83]

Interesting.

From Insurance to water to insurance, and now back to water.

Isnt the whole "water on steroids" the thing that started your legal matter before the most recent annuity related legal matters???

According to your PR release Glenn Neasham Insurance Agency Company Profile - PR.com it is just the old thing rebranded...
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I'm selling a 100% all natural spring water then we add plant derived minerals,vitamins,amino acids.(Electrolytes)Great tasting water, and very good for you.

Kind of like Vitamin Water???

 

[Guest]

"SPOT" those responsible for the ripoff report garbage were sued in mediation for $203,725.00 for defamation amongst other things.
They attempted a takeover of the company and said they were going to destroy me which they have.
The DOI investigation started on me prior to me even writing this annuity. They vilified me.They paid in mediation,but not enough. I should of gone to trial on this frivilious civil suit, but I couldn't afford too.I was paid by their insuance company April of 2010.

How did you come up with $203,725? I mean, why is that the number that you settled on, or how did you come to that value? Also, can't you get the ripoff report stuff taken down since you sued those people? Its the first thing that comes up when you Google your name, that's sure going to be hard to overcome as long as it is up there.


Also... Does E&O not help cover your defense against the DOI? Maybe it doesn't apply since it is a criminal trial and E&O doesn't cover criminal defense, just civil?

 

[hardworkwillwin]

Once a snake oil salesman, always a snake oil salesman...

Volgent why are you so nasty and hateful. Your not funny. i think your whole life surrounds about you being funny and your not. Your hurtful! Glenn
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How did you come up with $203,725? I mean, why is that the number that you settled on, or how did you come to that value? Also, can't you get the ripoff report stuff taken down since you sued those people? Its the first thing that comes up when you Google your name, that's sure going to be hard to overcome as long as it is up there.


Also... Does E&O not help cover your defense against the DOI? Maybe it doesn't apply since it is a criminal trial and E&O doesn't cover criminal defense, just civil?

Settled in mediation... 200K for me plus the $3725.00 half the mediation fees.

 

[Guest]

Settled in mediation... 200K for me plus the $3725.00 half the mediation fees.

What about the E&O on your criminal case? Did it not provide any help with defense due to it being criminal and not civil?

 

[hardworkwillwin]

What about the E&O on your criminal case? Did it not provide any help with defense due to it being criminal and not civil?

No help.It wouldn't cover criminal.

 

[shelleym]

The problem here is the heightened scrutiny a professional receives when dealing with any perceived "vulnerable" community in a business setting. It is important to know where liabilities lie before you forge ahead in these arena's I would say it's worth learning what the liability laws are in your jurisdiction before you start engaging in sales practices that involve liquidating one asset to get another asset that you are selling and getting a commission for selling. In this instance the customer should have been directed to a third party to advise her about the pros and cons of making this decision. Still, criminal prosecution seems extreme; but they do say ignorance of the law is no excuse. My own personal professional experience makes me very sympathetic to the agent. God only knows what the customer told the prosecutors once she decided she was sorry she made the deal!

 

[CALTCAgent]

The problem here is the heightened scrutiny a professional receives when dealing with any perceived "vulnerable" community in a business setting. It is important to know where liabilities lie before you forge ahead in these arena's I would say it's worth learning what the liability laws are in your jurisdiction before you start engaging in sales practices that involve liquidating one asset to get another asset that you are selling and getting a commission for selling.

When you say liability laws, do you mean criminal laws? (this is a criminal case)

In this instance the customer should have been directed to a third party to advise her about the pros and cons of making this decision.

who should that third party be?

Also, since the bank has her money, should they also have a third party?

Still, criminal prosecution seems extreme; but they do say ignorance of the law is no excuse.!

A theft charge from selling an annuity seems extreme.

Expecting an insurance agent to know or "should know" about whether a person was competent when the Bank didn't know, her boyfriend didn't know, nobody had POA for her and the son never stated he told Glenn seems extreme.

My own personal professional experience makes me very sympathetic to the agent.

What was that?

God only knows what the customer told the prosecutors once she decided she was sorry she made the deal!

If she wanted out, that would have been the best thing in the world for Glenn, IMO. This case is unique because she didn't/couldn't object.

She told the DOI investigator she wanted the annuity but seemed like she wasn't competent, something about asking for the card when she had it already, etc.

She kept the annuity for several more years before the DA stepped in.

I wonder if a recorded phone interview from the company to confirm competence would be helpful in the future.