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23°
Thursday, dec 26
Tag:
Charter Oak Trust
News
Man Sentenced For Multimillion Dollar Stranger-Originated Life Insurance Scheme
A Connecticut man is headed to prison after being found guilty of defrauding insurance companies into taking on policies on the lives of elderly people for his own financial benefits. Daniel Carpenter, of Simsbury, was sentenced in Hartford federal court to 30 months in prison, followed by three years of supervised release after he was found guilty of 57 counts of conspiracy, mail and wire fraud. He was also found guilty of money laundering and illegal monetary transaction offenses stemming from the scheme, also known as a stranger-oriented life insurance scheme. Carpenter, 64. contr…
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