‘Annuity King’ pleads guilty to tax charge, confronts co-defendant in court

October 31, 2023 by John Hilton

Phillip Roy Wasserman pleaded guilty to a tax charge Monday and will avoid a second trial in his $6.3 million fraud case.

Wasserman agreed to plead guilty to a single count of evasion of payment of income taxes and will be sentenced at a later date. According to Wasserman, the government made the plea offer and he took it in order to focus on overturning his fraud conviction.

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Originally Posted at InsuranceNewsNet on October 26, 2023 by John Hilton.