Phillip Roy Wasserman, Kenneth Murry Rossman
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- Phillip Roy Financial Consultants LLC, FastLife LLC, Phillip Roy Hedge Fund Advisors LLC, Florida Real Estate Fund 1 LP, Fabulous Weekends LLC
- Industry
- Insurance business venture (FastLife)
- How investors were recruited
- Long-term insurance clients, mostly seniors and retirees, persuaded to liquidate annuities or borrow against life insurance
- Pitch & red flags
- promised "annual return of 10 percent or 12 percent per year" with monthly interest payments
Pitch phrases from this case
Source
U.S. Department of Justice official