Florida Insurance Agent Convicted in $6M Ponzi Scheme that Defrauded Investors

Share!

Insurance Journal - May 16, 2023

A federal jury has found a Sarasota insurance agent and financial consultant guilty of defrauding elderly Floridians out of $6 million, money that the victims believed was going to fund a life insurance startup known as FastLife. Phillip Roy Wasserman, …...

Read Full Article

Recommended Articles

Texas Summer Camp Faces Scrutiny Over Failure to Report Deaths

Posted: Apr 16, 2026

The medical officer for the Texas summer camp where 27 girls were killed in a flood last year testif...

Trucordia Buys Connecticut’s Paradiso Insurance Services

Posted: Apr 16, 2026

Utah-based insurance broker Trucordia reports it has acquired the Paradiso Financial and Insurance S...

Inszone Acquires Kansas’ Insurance Resources Group

Posted: Apr 16, 2026

Inszone Insurance Services announced the acquisition of Insurance Resources Group, Inc. Located in O...