‘Annuity King’ gets trial date for lawsuit against feds, Florida regulators
June 18, 2025 by John Hilton
Phillip Roy Wasserman is expected to get another day in court to make his case that state and federal agents broke the law during investigations that led to his fraud conviction.
Wasserman was convicted on May 15, 2023, on nine felony counts. The three most serious – wire fraud, mail fraud and conspiracy to commit wire and mail fraud – all carried lengthy prison terms. The self-styled “Annuity King” in Florida promotions, Wasserman ran a fraud totaling $6.3 million, the government alleged, money it seeks to recover.
Wink’s Moore on the Market: It’s always surreal, when someone you know gets jail time, in financial services.
Here’s the latest on Phillip Wasserman’s case. -sjm
Originally Posted at InsuranceNewsNet on June 16, 2025 by John Hilton.
Categories: Industry Articles
