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Feb 14 2008
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Nov 16 2007
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Critical Illness Insurance Developments And Trends In Canada - Part1
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Critical Illness Insurance Developments And Trends In Canada - Part 2
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Life Insurance Blog Post Date: Mar 17, 2006

Life Insurance Scam Faked Death Instant Millionaire Life Insurance Policy

It just goes to show you the different in reporting. One article mentioned that it was Josaphine Gordon, wife of Harry Gordon who was scamming the life insurance companies for $3.5 million. In the article below, here name is spelled Josephine and she is the daughter of Harry Gordon, and the life insurance amount is only $3 million. And... these folks are from Australia.

It amazes me even more that a business man who is apparently already a millionaire would get his daughter involved in a life insurance scam. It appears from this article that the judge decided to not charge Josephine in this situation.

What a convoluted situation. I don't think that it would be worth the money to throw away lives just for millions of dollars or any money for that matter.

The purpose of a life insurance policy is to protect loved ones or business partners against the financial problems caused by an income earners death. This seems to have greatly complicated the lives of loved ones.

READ ALSO life insurance scam article

Charges against daughter dropped in faked death life insurance scam

The daughter of a former Sydney millionaire who faked his own death several years ago has today had all charges against her dropped.

Harry Bentley Gordon, 56, has been presumed drowned in a boating accident at Port Stephens, north of Sydney in the New South Wales coast in 2000.

But was last year Gordon was charged with staging his own death to collect more than $3 million in life insurance.

Last month, he was sentenced to 15 months in jail.

Articles from March 2006
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