Annuity fraud occurs when dishonest agents or insurance companies mislead consumers into buying unsuitable or misleading annuities. In many cases, these products come with high fees and few benefits.
pleaded guilty to a $4.6 million insurance fraud and was sentenced to 87 months in prison. I strongly support structured settlement annuities for accident victims, workers’ compensation cases ...
But annuities? They’re a bit of a hybrid ... unsuitable products or outright fraud — it’s important to understand the regulatory protections (and limitations) in place.
Fighting For Investors For Over 30 Years Our annuity fraud lawyers work with U.S. and foreign investors in the pursuit of damages they are owed by U.S. broker-dealers and investment advisers.