‘Annuity King’ Phillip Roy Wasserman sentenced to prison for $6.3M fraud
February 5, 2024 by John Hilton
A Tampa, Fla. judge sentenced Phillip Roy Wasserman to 15 years in prison Wednesday for overseeing a fraud that cost retirees millions.
Wasserman must turn himself in on Feb. 23. Reached this morning, Wasserman said he will appeal to the Court of Appeals for the 11th Circuit, adding: “And we will win.”
Judge Charlene Edwards Honeywell’s decision bars Wasserman from working in the insurance industry.
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Originally Posted at InsuranceNewsNet on February 1, 2024 by John Hilton.
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