New York Penal Law Section 176.65 - Life settlement fraud in the first degree.

176.65 Life settlement fraud in the first degree.

A person is guilty of life settlement fraud in the first 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 million dollars.

Life settlement fraud in the first degree is a class B felony.


Last modified: February 3, 2019