Variable Annuity Fraud

Web pages dedicated to the prevention, investigation and prosecution of fraudulent and/or inappropriate sale of annuities to the elderly.

NAIC Adopts Senior Protection in Annuity Transactions - The National Association of Insurance Commissioners supports a model regulation designed to help protect senior consumers when they purchase or exchange annuity products.
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Top 10 California Investment Schemes and Scandals for 2004 - The California Department of Corporations highlights seniors as vulnerable targets of investment fraud including the sale of variable annuities.
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Variable Annuity Fraud - Attorneys James Hoyer, Newcomer and Smiljanich discuss how variable annuity scams target seniors and include a bibliography of expert opinions.
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Annuitytruth.org - List of circumstances when the sale of a deferred annuity to an older adult is very questionable. Includes a free special report on this topic.
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Suit Targets Senior Seminars for Questionable Sales Tactics - Describes a class-action lawsuit against insurance companies and living-trust companies that market annuities to elderly people.
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