Sarasota's self-proclaimed 'Annuity King' could have bail revoked over GoFundMe donations
Phillip Wasserman solicited donations for legal fees. He took down the page, which raised $410.
Stay updated with breaking news from Phillip Wasserman. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Phillip Wasserman solicited donations for legal fees. He took down the page, which raised $410.
Phillip Wasserman was also sentenced to pay $6.8 million in restitution to the elderly investors who lost money in his insurance venture, FastLife.
A Florida man known as the "Annuity King" kicked off his defense last week as he fends off fraud charges lodged by federal prosecutors.
Fraudsters earned plenty of headlines throughout 2021 for a variety of scams, improper sales and lawsuit activity.
The self-described "Annuity King" escalated his battle with federal authorities with a lawsuit alleging "rogue, out-of-control, above-the-law" conduct by agents who investigated him.