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Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76389  
Subject: Finally! -- Annuity Salesman Jailed for 90 days Date: 3/19/2012 3:29 AM
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http://online.wsj.com/article/SB1000142405270230386340457728...

Last month, Glenn Neasham, an independent insurance agent, was ordered to spend 90 days in jail on a felony-theft conviction for selling a complex annuity to an 83-year-old woman who prosecutors alleged had shown signs of dementia.

The agent's conviction, by a state-court jury in Lake County, Calif., is sending shivers down the spines of Mr. Neasham's peers across the country. They can't recall another case where an agent was sent behind bars for selling an annuity.

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intercst
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Author: Hawkwin Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 70394 of 76389
Subject: Re: Finally! -- Annuity Salesman Jailed for 90 d Date: 3/19/2012 9:42 AM
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is sending shivers down the spines of Mr. Neasham's peers across the country.

I wish - but this is the first I have heard of it.

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