Excerpts of Video Depositions in the Case Against Joseph Caramadre

Aug. 24, 2012, 10:01 a.m. EDT

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.

As the U.S. government prepared its case against that Rhode Island attorney, Joseph Caramadre, the prosecution persuaded a judge to allow it to take depositions of dying participants, including Charles Buckman and Robert Mizzoni, even though no charges had been filed at the time.

Watch excerpts from their depositions below.

Charles Buckman

Robert Mizzoni

Read the full story.

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