"Living Trust Mill" scam
The California Department of Corporations has forced a Texas insurance company and a broker in California to stop pushing misleading and illegal investment advice that encourages senior citizens to sell assets and purchase unsuitable annuities. Gloria Marguerite Walton of Benicia is a broker for the Texas-based Gentry Group, which operates what the Department describes as a "living trust mill." The Department further claims that Walton lures seniors to meet with her to hear free advice about living trusts when, in fact, she pushes seniors to unknowingly purchase annuities, many of which are unsuitable.
Part-Owner of Texas
Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.