Re: Re: WFG & Aegon

Subject: Re: Re: Re: WFG & Aegon

Comments:
: : (1) Why would a company like AEGON have anything to do with the WFG(Alias the WMA) if WFG(WMA) is a crooked company? : : (a) WFG/WMA’s fraudulent and deceptive sales practices have, over the years, accounted for the majority of WRL’s Variable Universal Life(VUL) insurance-policy sales. Despite even the massive writing and cancellation of fraudulent WRL VUL policies during WMA employee-promotion drives, the professional-blind-man WRL Compliance Departments, WRL Actuarial Departments, and WRL Accounting Departments and WRL Corporate Management still prefer to withhold this evidence from government regulators and law-enforcement officials due to the lucrative nature of the business arrangement : : (b) WRL-AEGON normally practices deceptive insurance-sales practices as indicated by a class-action lawsuit filed in Florida on June 30th 2000(http://www.findarticles.com/m4PRN/2000_June_30/63065887/p1/article.jhtml) : : (c) WRL-AEGON normally practices deceptive insurance-sales practices as indicated by a class-action lawsuit filed against AEGON and its subsidiaries in New York on June 8th 2000(http://www.insure.com/life/annuity/prudentialaegon600.html) : : (d) AEGON and its J.C. Penny subsidiary are being sued for defrauding millions of elderly customers by charging insurance policies to their credit cards in a telemarketing scam(http://pages.about.com/srule/InsideTelemarketing/id13.html) : : (e)AEGON USA and subsidiaries were named in a class action suit petition for: : : “The crux of the Plaintiffs' complaint is that AEGON and its subsidiaries fraudulently marketed and sold the life insurance policies by misrepresenting the policies as "retirement plans," "savings plans," or other "investment" vehicles. The Plaintiffs move to certify a class of similarly situated individuals who purchased policies from AEGON and its subsidiaries with the belief that they were actually purchasing retirement, pension, investment, savings, or college funding plans or programs, between January 1, 1985 and December 31, 1996.” : : “The five named Plaintiffs in this case allege that they were victims of a "systematic scheme of marketing fraud" formulated by AEGON and its subsidiaries to surreptitiously sell life insurance policies.(2) The Plaintiffs maintain that the "overarching scheme" was formulated, orchestrated, and directed by the Defendants' top level corporate management and employed in a systematic fashion against the putative class members. The Plaintiffs' Amended Complaint asserts state common law claims for (1) fraud, (2) breach of fiduciary duty, (3) reckless failure to train and supervise, (4) negligent misrepresentation, (5) breach of the duty of good faith and fair dealing, (6) unjust enrichment, (7) conspiracy, (8) injunctive relief, and (9) punitive damages. The Plaintiffs Amended Complaint also asserts a federal claim under the Racketeer Influenced and Corrupt Organization Act (RICO), 18 U.S.C. § 1961 et seq. Id.” : : “The Plaintiffs estimate that the nationwide class numbers in the "hundreds of thousands(http://www.iand.uscourts.gov/iand/decisions.nsf/632413050fc1794f8625693e005be79a/ca92ccdbbea5de9186256969005253ab?OpenDocument)." : : (f) When a WMA multi-level-marketing recruit(victim) buys a WRL VUL life-insurance policy: : : (i) he absolutely doesn’t need : : (ii) can’t possibly be expected(actuarially) to afford making premium payments until the pickpocket fee-laden inferior product yields any positive return : : (iii) said policy lapses : : (iv) and he surrenders the policy : : the WMA and WRL share in all the money the customer(victim) loses! : : Other AEGON News: : : Wednesday September 26 2001 : : Aegon wins Chinese licence : : Aegon reported it had been given a permit by the Chinese financial sector authority to form an alliance with a Chinese bank or insurer. Aegon can only operate on the Chinese market via an alliance with a Chinese player, and then in only one city. An Aegon spokesman said the city will depend on where its future partner is based. : : Monday February 19 2001 : : Aegon does not feel responsible for broker fraud : : Aegon does not feel responsible for the damages running into millions of guilders incurred by broker Bouwman Group, which has been suspectedd of fraud. Bouwman did not have a licence for capital management and this fraud came to light when some clients demanded their money back. Aegon says Bouwman owes the group Fl 12m, but it has already been refunded several millions, whereas private clients are estimated to have lost Fl 6.5m and are still waiting for their money. : : Friday November 5 1999 : : Jewish group steps up attack on Aegon : : Aegon's fight with the World Jewish Congress over Holocaust policies intensified on Friday when the congress unexpectedly stepped up its threats against the company because it is refusing to join a restitution panel. The World Jewish Congress widened the scope of threatened punishments to include divestiture and asking US states not to do business with Aegon's huge US operations, Elan Steinberg, WJC executive director, told reporters. : : -http://www.hebels.nl/qpf/en/newsperc/aavnws.htm : : WRL Refuses to Pay Back Johnson Dairy after WRL Employee Embezzled Funds[AKA Just Try Obtaining any Proper Refund after Being Scammed with One of Their Variable Products] : : http://www.law.emory.edu/6circuit/feb97/97a0069p.06.html : : Black Racism Suit Against AEGON : : http://yahoofin.cnet.com/investor/news/newsitem/0-9900-1028-4190519-0.html?tag=ltnc : : Logic & Argument Form: : : This message is a prime example of the 3 or so obligatory shill claims disseminated by WFG/WMA con-artists. The argument in Logic is that since AEGON is honest, WMA must necessarily be honest. The unstated, but incorrect argument form therefore is Modus Ponens, i.e., : : P=>Q : : P : : ------- : : Q : : The correct argument form would, however, be Modus Tollens, i.e., : : P=>Q : : ~Q : : ------- : : ~P : : Not only is the posited form of the argument incorrect, so is the implicit(or stated) premise that AEGON/WRL are honest. They are not, and the WRL/AEGON could not possibly be ignorant of the WMA's dishonesty and deceit.

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