NY State — NY Penal Law

§ 176.70 — Aggravated life settlement fraud

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 § 176.70?

Quick Answer

A person is guilty of aggravated life settlement fraud when he or she commits a fraudulent life settlement act, and has been previously convicted within the preceding five years of any offense, an essential element of which is the commission of a fraudulent life settlement act. Aggravated life settlement fraud is a cla

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§ 176.70 Aggravated life settlement fraud

PL § 176.70

§ 176.70 Aggravated life settlement fraud.

A person is guilty of aggravated life settlement fraud when he or she commits a fraudulent life settlement act, and has been previously convicted within the preceding five years of any offense, an essential element of which is the commission of a fraudulent life settlement act.

Aggravated life settlement fraud is a class D felony.

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