Law firm’s scheme to defraud veterans of disability payments ends. For years, Upstate Law Group had been illegally defrauding veterans of their pensions and disability payments. Faced with several lawsuits from the veterans, the firm has now agreed to bring this business to an end.
The firm, based in Easley, launched the business nearly seven years. At one hand, it purchased the pensions and disability benefits from army veterans. It then persuaded investors to invest in these monthly benefits. The firm’s owner, Candy Kern-Fuller, apparently made millions of dollars in profits when brokering these deals.
The entire operation was illegal as disability benefits and pensions can’t be transferred by a veteran to another person. By keeping both the veterans and the investors in the dark, the firm was able to make hefty profits while causing huge losses to the other parties.
To make matters worse, Upstate Law Group had launched several lawsuits against veterans who didn’t forward their monthly payments to the firm. In all, 60 lawsuits had been launched by the firm against veterans.
In response to the firm’s fraudulent activities, a number of federal lawsuits had been filed by veterans. In the face of mounting pressure from these lawsuits, Upstate Law Group has finally decided to bring its scheme to an end. As part of the settlement, the firm has also agreed to reveal the number of veterans it had brought into the scheme since 2013.
However, it is unclear whether the affected veterans will be awarded any compensatory damages for their loss in this scheme. Many veterans are also seeking to have Kern-Fuller debarred for being the central figure in this entire affair. Meanwhile, a number of investors have also filed lawsuits against the company. A more comprehensive decision on the case is likely to arrive in the next few days.
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