life insurance News

Former Insurance Agent Headed to Prison for Defrauding Oklahoma Seniors

Former Oklahoma insurance agent Marshall Virden has been sentenced to two years in prison for defrauding senior citizens in Wagoner County, the Oklahoma Insurance Department (OID) announced. The punishment comes after a lengthy investigation by the OID. Virden pled guilty …

Source: Suspect in Aruba Tried to Redeem Policy

A source is confirming to The Associated Press that a Maryland businessman detained in Aruba had a $1.5 million insurance policy on his missing traveling companion and that he sought to collect on it shortly after she disappeared. The source …

Man Who Faked Death Sentenced in South Dakota

A Florida man was sentenced Monday to three years in prison and ordered to help repay near $2 million for faking his death to collect life insurance proceeds. Forty-six-year-old Vij Misir had pleaded guilty in October to conspiracy to commit …