Source: Suspect in Aruba Tried to Redeem Policy

By BEN FOX | August 19, 2011

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 tells the AP that Gary V. Giordano purchased the accidental policy shortly before traveling to the Dutch Caribbean island with 35-year-old Robyn Gardner of Frederick, Maryland. The policy only covered the trip to Aruba.

The source says Giordano tried to begin redeeming the policy just two days after telling police in Aruba that Gardner vanished while they were snorkeling.

Aruban authorities were preparing a massive search of the island Thursday for the missing woman’s body or evidence in the case.

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