New York Penal Law Section 176.60 - Life settlement fraud in the second degree.

176.60 Life settlement fraud in the second degree.

A person is guilty of life settlement fraud in the second degree when he or she commits a fraudulent life settlement act and thereby wrongfully takes, obtains or withholds, or attempts to wrongfully take, obtain or withhold property with a value in excess of one hundred thousand dollars.

Life settlement fraud in the second degree is a class C felony.


Last modified: February 3, 2019