Kenneth Rossman, ‘Annuity King’ sidekick, avoids prison in fraud plea

July 18, 2023 by John Hilton

Kenneth Rossman, who participated in a $6.3 million financial fraud, avoided jail time for his role in helping to convict self-styled “Annuity King” Phillip Roy Wasserman.

Judge Charlene Edwards Honeywell sentenced Rossman to five years probation Wednesday. In 2021, he pleaded guilty to one count of conspiracy to commit mail fraud and wire fraud, and one count of aiding and assisting fraud and false statements in a plea deal with the federal government.

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Originally Posted at InsuranceNewsNet on July 14, 2023 by John Hilton.