Complaint Review: LPI Financial Serices Inc

I was very interested in the product - as it was primarily for people with AIDS and would allow those folks to borrow

against their life policies to assist in their quality of life.  The product was sold with an estimated termination period of

the policies.  I understand actuarial numbers and understand some miscalculations.  But what I do not understand is

not being off by a few months or a couple of years; but way past that timeframe; and now are asking for additional

money to keep the policies in effect.  LPI does not respond to phone calls or letters - BUT they sure can send out

bills for payment and now they are adding on additional services and demanding payment for those as well.  When

I was made aware of a class action lawsuit being filed - I asked them (in written form) for information - No response!

Now that they show that the class action has been dismissed - they are sending out bills like crazy...at this point I am

not sure what they are billing for.

These folks take a product that should be "giving something back" to being the "product from hell!"  And they

are still operating "business as usual!" 

I am so disappointed the initial agent Kunio Okui out of Castro Valley, CA made his commissions and when the s--- hit

the fan - he referred us all to LPI direct and washed his hands of the LPI folks.

Obviously a bad investment - please keep my money and let me go free.  This request was made in one of

the letters sent to the LPI folks with "no response!"  Most folks have made a bad invesment or two - but these

folks will not let you go.  Most of the investors will probably die before the initial policyholders!