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Published on Aug 24, 2012
The life insurance industry tried to make variable annuities irresistible to investors and was enraged when a Rhode Island lawyer exploited the fine print for his own profit.
In the U.S. government's case against that Rhode Island attorney, Joseph Caramadre, the prosecution persuaded a judge to allow it to take depositions of dying participants, including Robert Mizzoni, even though no charges had been filed at the time.