AS REPORTED FRANK SPENCER HAS BEEN GETTING PAYOFFS FROM INDEPENDENCE BLUE CROSS IN PHILADELPHIA IN RETURN FOR DIRECTING BUSINESS FROM UBC FUNDS ACROSS THE COUNTRY TO INDEPENDENCE BLUE CROSS
FRANKIE HAS BEEN LISTED AS ON THE BOARD OF DIRECTORS OF IBX SINCE 2019.IN 2022 FRANKIE GOT A $126,750 KICKBACK FROM INDEPENDENCE AND AS THE LM10 SHOWS WAS PAID 4 TIMES A YEAR
BUT NOT LAST YEAR!!!
SEEMS INSTEAD OF THE STEADY YEARLY INCREASE IN FRANKIE'S KICKBACKS FRANKIE'S PAYOFF WAS CUT IN HALF FOR 2023.THE PAYOFF WAS LISTED AT $61,250 AND FRANKIE ONLY GOT ONLY PAID TWICE IN 2023
SO IS THIS AN INDICATION THAT FRANKIE IS OUT AT INDEPENDENCE??
LET'S NOT FORGET THAT IN 2023 FRANK SPENCER WAS FORCED BY THE DOL TO FILE 4 YEARS WORTH OF LM 30S FOR THE KICKBACKS AFTER SOMEBODY TURNED HIM IN TO THE FEDS.HE FILED THEM IN OCTOBER 2023
SO IS FRANKIE NO LONGER GETTING PAYOFFS FROM INDEPENDENCE??
IF SO WAS HE FORCED OUT AFTER BEING EXPOSED??
PERHAPS FRANKIE WAS ON VACATION AND DID NOT GET PAID??
INTERESTING TO NOTE THE OTHER PAYOUTS TO THE CARPENTERS UNION FROM INDEPENDENCE
$9,250 FOR AN AWARDS DINNER!!
MAN THOSE GUYS AND GALS AT INDEPENDENCE BLUE CROSS ARE REALLY NICE PEOPLE
IF THIS REALLY DOES INDICATE FRANKIE IS OUT AT INDEPENDENCE FRANKIE IS HAVING A TOUGH YEAR
(1)SUDDENLY OUT AS UBC VP
(2)LOST HIS KICKBACKS FROM INDEPENDENCE
(3)EXPRESS SCRIPTS ANTI TRUST LAWSUITS
HEY FRANKIE ARE YOU GETTING THAT WALLS CLOSING IN ON YOU FEELING??