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  • Fraud Settlement Helps Coloradan Consumers

    Staff Writer | August 07, 2006 1:50 PM | 0 CommentsColorado Springs, CO Category: Miscellaneous

    An August 5, 2006 AP article details a $70 million securities fraud settlement that will help Coloradans who fell prey to a company that targeted military personnel. The Texas-based company, American-Amicable Life Insurance Co. reportedly duped 90,000 consumers, including 70,000 military personnel."Sales agents misled military personnel to believe they could earn $1 million in 20 years if they...

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