Allen Man Sentenced to 40 Years in Prison for Selling Fake Annuities to Elderly Widows

[Liz]

Sad, this. A Dallas man stole more than half a million dollars by selling fake annuities to elderly widows. He used the funds for personal expenses and to perpetrate the fraud.

Allen man sentenced to 40 years in prison for selling fake annuities to elderly widows | Dallas Morning News

 

[houcoogster]

According to the article he didn't sell them anything he just put the money in his own bank account.

 

[Liz]

You're right! Slippery fellow. I don't know why people feel they can get away with things like this nowadays, when everything is documented electronically.