NY State — NY Penal Law

§ 176.65 — Life settlement fraud in the first degree

Brooklyn since 2014All five boroughsSame-day response during business hours

Statute text reproduced from nysenate.gov. Not attorney-reviewed for your situation — for reference only.

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What is NY PL § 176.65?

Quick Answer

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

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 176.65 Life settlement fraud in the first degree

PL § 176.65

§ 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.

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