Dateline Investigates Shady Annuity Salesmen Targeting Seniors »
Posted By DiffeeOnline 5 months, 4 weeks ago in NewsDateline did a hidden camera investigation into the world of shady annuity salesmen targeting seniors and playing on their emotions to lock their life savings away in funds they may never live to receive the benefit from, or pay stiff penalties, not disclosed in the sales pitch, for early withdrawal.
Read Full Story at msnbc.msn.com »
Submitted By:
DiffeeOnline
Social media, politics, technology, news, marketing, and the environment. These are my passions. These are the things that I spend more time with than anything ...
Also submitted:
Related Articles:
Why not submit a story?
Join the Discussion 
+ Add Comment
Comments So Far: 8
-
-
0%
callum124545 months, 4 weeks ago
This is amazing news. I love it so much. So, thank you for posting it.
Reply -
ML2007Comment removed: User banned.
-
0%
ElementalEcho5 months, 3 weeks ago
First of all, I think this video is ridiculous and good at the same time. I work for a very reputable company Banker's Life and Casualty and when I was trained under annuities it was made VERY clear to me that these were to PREPARE for retirement not to be given to ANYONE approaching the age of 70! Cmon people...it is clear that those guys were trying to rip em off, but I think it's funny that at the beginning Chris states that some agents gave the truth! Holy crap! Now THAT's a concept! Glad you put that in the video Dateline! It was surprising to me to see that some companies offer 16 years and would actually allow underwriting to sign off on someone at that age. I want everyone to know that annuities are GREAT products when you're PREPARING for retirement they can secure your future. I had a friend today at work lose an annuity because of this video. Way to show the bad side. Then again, it's what I expect from the media.If you have questions my e-mail is ElementalEcho@aol.com
Reply
Add a Comment
Please keep your comments relevant to this story.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.