§ 176.50 Life settlement fraud in the fourth degree. A person is guilty of life settlement fraud in the fourth 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 twenty-five thousand dollars. Life settlement fraud in the fourth degree is a class E felony.
Life settlement fraud in the fourth degree
N.Y. Penal Law § 176.50, under Insurance Fraud.
N.Y. Penal Law § 176.50