Lawsuit says MetLife turned a ‘blind eye’ to what Rick Siskey was doing

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The financial industry’s business model known as the ‘Theft by Deception Scheme’, that swindled real property from millions of homeowners, while judges, law enforcement, politicians and regulators all turned a blind-eye – is the identical blueprint used against students. In this article, just replace the word student with home.

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"The insurers are happy to turn a blind eye to what salesmen are doing, as long as they make a sale," said Minnesota’s attorney general, Lori Swanson, who is suing several companies.

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 · April 01– Metropolitan Life Insurance Co. and its securities arm turned a blind eye to the activities of the late Rick Siskey, allowing investors to be defrauded in the alleged Ponzi scheme run.

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For years, Charlotte businessman Rick Siskey built a a reputation as a savvy adviser to wealthy clients who lived a lavish lifestyle while also giving generously to charity. That all unraveled.

MetLife, Inc. is the holding corporation for the Metropolitan life insurance company (mlic), better known as MetLife, and its affiliates.MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with 90 million customers in over 60 countries. The firm was founded on March 24, 1868.

Channel 9 obtained a new lawsuit that claims the wife of late Ponzi scheme organizer, Rick Siskey, knew all about his illegal operation and even helped to hide millions of dollars.

The ironic thing about this comment is that you too are posting from an outsiders perspective about something you have no idea about. Rick was a wonderful man, a family man, who gave selflessly. Who came from nothing and never forgot who he was. Before we choose to comment we need to remember that he was a father, a son, a husband and an uncle.