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

Lawsuit says MetLife turned a ‘blind eye’ to what Rick Siskey was doing. The complaint also alleges that Siskey used investor funds to buy his prominent SouthPark mansion. The lawsuit, which also names Siskey’s estate as a defendant, is the latest legal action following the unraveling of Siskey’s investment business. It adds new scrutiny to the role of MetLife, the New York-based insurance giant.

Lawsuit: Wife of Charlotte Ponzi scheme organizer helped to hide millions. MetLife Securities also knew rick siskey was breaking the law for years but, "turned a blind eye to Siskey’s illegal activities because he was a star sales performer who was generating significant profits," according to the lawsuit.

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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.

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.

In August 2017, Stone Street and two of its employees filed a lawsuit that alleged Diane Siskey "actively participated" in her husband’s activities and that insurance company metlife, which was affiliated with Rick Siskey’s former financial services firm, turned a "blind eye" to his wrongdoing.

MetLife Hit With $500 Million Settlement Over "Death Master" File.. A coalition of states had accused MetLife of scanning the Death Master. MetLife says it expects to pay out $438 million in.

When Mike Bloomberg was asked to intervene when Met Life said they wanted to cash in their chips in a $5.4 billion payday, Bloomberg adapted a laissez-faire attitude and said it was a "private transaction." He deliberately turned a blind eye. Continue reading

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.