Patriot Payment Group and North American Bancard were ordered to pay a $3.7 million class action settlement in April 2017 after a merchant alleged that the company engaged in illegal telemarketing. Details of the settlement can be found here.
Full Answer
Is Patriot funding a scam?
Patriot Funding, Memphis Associates, Plymouth Associates, Safe Path Advisors, Silvertail Associates, Malloy Lending, Polo Funding, Jackson Funding, Dune Ventures, Braidwood Capital, Tiffany Funding, Nickel Advisors – and the scam goes on…and the list gets longer… The new website is the Patriot Funding Scam.
What happened to Patriot payment group?
All available evidence indicates that Patriot Payment Group is no longer an active brand. The lone executive-level employee that has been publicly associated with Patriot Payment Group now appears to work at a company called PayDyne, LLC (topratedpointofsale.com).
How many websites does Patriot funding have?
Patriot Funding operates two websites, Memphis Associates.com & myMemphis Associates.com. Patriot Funding is part of a collection of almost 50 web sites that we have discovered. All of which are affiliated and listed below.
Did Crixeo threaten Patriot funding with legal action?
THANK YOU ALICIA FOR SENDING IN A COPY OF YOUR PATRIOT FUNDING CHECK! If you have been keeping up with this story, you would have remembered that the scam artists behind Patriot Funding, have threatened Crixeo with legal action for printing the truth.
Why do annuitants sell their future payments?
There are several reasons for a person to sell their payments. Business opportunities, purchasing a home for a growing family, medical emergencies, pay off high interest debt, or any financial emergency requiring additional funds that may not otherwise be available as a result of poor credit.
How much will I receive for my future payments?
The value of your future payments depends on many variables, such as the amount and due date of the payment; the risk the issuer may not make the future payment, and the current interest rates. Patriot will get you the best value available for the payments you choose to sell.
What are the tax consequences of selling payments?
Though we cannot offer tax advice, the Internal Revenue Service has issued a private ruling which confirmed that an individual’s sale of structured settlement payments would not create a taxable transaction. H.R.2884 confirms this ruling.
How long will it take to receive my money?
This a court mandated process and many factors affect the time to complete the transaction. The industry standard is sixty to ninety days. While we have no control over court calendars, your cooperation in submitting documents in a timely manner will help avoid delays in funding this transaction.
Is it legal to sell my structured settlement payments?
Yes. Although there may be language in your settlement agreement which states you cannot assign or accelerate the payments, numerous court cases have supported the right of annuitants to assign the rights to future payments.
Who is Scott Roix?
United States Attorney Maria Chapa Lopez and U.S. Attorney J. Douglas Overbey for the Eastern District of Tennessee announce that Scott Roix, together with several entities through which he ran his telemarketing business, including HealthRight, LLC; Health Savings Solutions, LLC; Vici Marketing, LLC; and Vici Marketing Group, LLC (hereinafter collectively referred to as “marketing companies”), have agreed to pay $2.5 million to resolve allegations that Roix and these marketing companies violated the False Claims Act by causing the submission of false claims to federal healthcare programs in connection with telemedicine health care fraud schemes.
What is whistleblower law?
These allegations were brought in a lawsuit filed under the qui tam, or whistleblower, provisions of the False Claims Act, which permit private parties to sue on behalf of the government for false claims, and to receive a share of any recovery.
Did HealthRight receive payments from Synergy?
The settlement also resolves allegations that, from June 2015 through October 2018, HealthRight, at the direction of Roix, received payments from Synergy Pharmacy that were based on the value and volume of prescriptions solicited by HealthRight on behalf of Synergy Pharmacy. These allegations were also the subject of a criminal case captioned United States v. Scott Roix, et al., Eastern District of Tennessee (Case No. 2:18-cr-133), in which Roix and HealthRight pleaded guilty in September 2018.
Why does Patriot Funding operate so many different web sites?
Our belief is that Patriot Funding operates so many different web sites in order to escape the tremendous amount of negative complaints and articles on the internet.
Why Do We Focus On Patriot Funding’s Negative Reviews?
We urge you to do your own research and due diligence on any company, especially when dealing with your personal finances . We urge you to pay attention to what you find on the internet. Compare the good vs. the bad and make an educated decision. From our experience, where there is smoke…there is fire. But you make the call.
What is Patriot Funding?
Patriot Funding is the newest bait and switch trap brought to you by none other than the same devil that brought you Memphis Associates, Tate Advisors, Plymouth Associates, Safe Path Advisors, Silvertail Associates, Malloy Lending, Polo Funding, Jackson Funding, Dune Ventures, Braidwood Capital, Tiffany Funding, Nickel Advisors, and Coral Funding, and about 50 other debt consolidation and personal loan web sites.
How long does Patriot Funding need to be quiet?
Patriot Funding wants you to keep quiet and not email me. They only need you to be quiet for one week until they launch the next website. Don’t let them win!
When was the RICO lawsuit filed?
Here is a quote from the RICO class action lawsuit filed on April 13, 2020 against the payday lenders dealing with the MHA Nation:
Is Patriot Funding a BBB accredited company?
Patriot Funding and its affiliated web sites are not accredited by the BBB and have been the subject of numerous complaints and negative press under different names.
Is Patriot Funding a scam?
The new website is the Patriot Funding Scam. They are back it again. For those that are reading my articles for the first time, you will see that I have been following Patriot Funding and its collection of web sites for several months. This group continues to send out unrealistic and low interest-rate debt consolidation offers that very few could possibly qualify for.