Fla. Agent Arrested for Alleged $2 Million Investment Fraud
May 17, 2012 by Fran Matso Lysiak
Best’s News Service – May 16, 2012 04:05 PM
TALLAHASSEE, Fla. – A former Florida insurance agent was arrested on grand theft charges for allegedly misrepresenting factual details of financial products, including variable annuities, to several elderly clients who lost more than $2 million from the unsuitable investments, state officials said.
Please click HERE to read the full article via AM Best.
(By Fran Matso Lysiak, senior associate editor, BestWeek: fran.lysiak@ambest.com)
Originally Posted at Best's News Service on May 16, 2012 by Fran Matso Lysiak.
Categories: Industry Articles