“Whoever profits by the crime is guilty of it.”
‘Slayer’ statutes prevent profit by murder
Cops and insurance-fraud sleuths know that truism well. Insurance company websites are replete with lists of the weirdest, most brazen and incomprehensible insurance-fraud scams. The most eyebrow-raising, of course, involves lovers whacking the no-longer-loved to collect on life insurance policies.
For example, JRC Insurance Group’s site titles its list “21 Shocking Life Insurance Murder Plots!”
One involves a Baltimore clergyman who befriended a blind and disabled man, persuaded the man to take out a $200,000 life insurance policy naming him as the beneficiary and then secured church funds in an attempt to hire a hit man to kill the man.
Former cop and West Palm Beach, Fla.-based insurance fraud consultant Linda Webb calls her list the “12 dumbest insurance scams of the decade.”
“I’ve seen horrible things in my 25 years in insurance fraud,” Webb said. “I am convinced people will do a lot of things when backed into a corner. During the downturn in the economy, we saw an increase in suicides, people taking their own lives or the lives of family members.”