§ 176.55 Life settlement fraud in the third degree. A person is guilty of life settlement fraud in the third 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 fifty thousand dollars. Life settlement fraud in the third degree is a class D felony.
Life settlement fraud in the third degree
N.Y. Penal Law § 176.55, under Insurance Fraud.
N.Y. Penal Law § 176.55