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SARASOTA, Fla. (WFLA) — A now-former Sarasota insurance agent and lawyer was sentenced Thursday to 15 years in federal prison for fraudulently convincing elderly people to invest into his new insurance venture, according to the U.S. Department of Justice. Phillip Roy Wasserman, 67, of Sarasota, was found guilty in May of conspiracy to commit wire […]
Federal prosecutors announced the conclusions of two separate cases, one of which involved Billy Ray Cyrus as a celebrity spokesman.
Phillip Roy Wasserman was convicted May 15 of running a $6.3 million fraud. He next faces tax evasion charges.
Phillip Roy Wasserman, convicted of scamming seniors out of $6.3 million, is asking a Florida judge to grant acquittal, or a new trial.
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- A former Sarasota insurance agent has been found guilty of conspiracy to commit write fraud and mail fraud among other charges following a 6-week trial.