‘Annuity King’ pleads guilty to tax charge, confronts co-defendant in court
October 31, 2023 by John Hilton
Phillip Roy Wasserman pleaded guilty to a tax charge Monday and will avoid a second trial in his $6.3 million fraud case.
Wasserman agreed to plead guilty to a single count of evasion of payment of income taxes and will be sentenced at a later date. According to Wasserman, the government made the plea offer and he took it in order to focus on overturning his fraud conviction.