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Firms Make Millions From Lead Victims

CON

Vulnerable people “tricked.”

The rise of structured settlements for cognitively impaired people, such as those exposed to lead in in early childhood, has given rise to a shady industry that buys the rights to those payments for a small portion of their value. The Washington Post reported on the case of one woman whose estimated total of $573,615 in lead payments was purchased by a company for a mere $62,637. The company claims it had no idea the woman was cognitively impaired, though she can barely read or write. She says they promised her family a vacation and misrepresented the sale.

Read it at The Washington Post

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