Tuesday, September 29, 2009

 

Senior annuity scam victims receive $1.2M

Four senior citizens who fell victim to an annuity scam run by a Delray Beach-based insurance company will receive more than $1.2 million in refunds... Larry Yale Krakow, 52, president and director of the company – Golani Financial Group aka Golani Insurance Group – was suspended for nine months from selling insurance and ordered to pay a $25,000 fine for his role in the alleged fraud...

South Florida: Senior annuity scam victims receive $1.2M

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