Faking death to collect life insurance proceeds
To see how some of these plans failed, see I Killed Myself: True Stories of People Who Faked Their Death, Life Insurance Knowledgebase, March 16, 2009:
It seems like the plot of a Hollywood movie: a person fakes their death, collects the death benefit from their life insurance policy, and lives happily ever after on a small tropical island. It’s nothing more than a silly fantasy, a pipe dream with no relation to reality. And yet, many people have been foolish enough to try and outwit their insurance company. Here are three stories of people who committed life insurance fraud.
The article discusses the cases of:
- John Darwin,
- Ari Squire, and
- Ahmad Akhtary.