‘Annuity King’ Partner Takes Plea Deal; Florida Fraud Trial Expected In Fall

July 27, 2021 by John Hilton

Kenneth Murry Rossman, 63, formally accepted a plea deal this afternoon in a federal fraud case that includes co-defendant and prolific annuity seller Phillip Roy Wasserman.

The self-described “Annuity King” in marketing materials, Wasserman, 64, maintains his innocence and is expected to go to trial in the fall in a Florida court. If convicted, he faces up to 20 years in prison on mail fraud, wire fraud and tax evasion charges.

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Originally Posted at InsuranceNewsNet on July 20, 2021 by John Hilton.