Judge Hands $2M Life Insurance Policy Over To FTC

Law360, New York (November 18, 2010, 6:03 PM EST) -- A federal judge has agreed to hand over a $2 million life insurance policy to the Federal Trade Commission, which is trying to collect on a judgment against the beneficiary in a separate fraud suit, because the signature changing the policy beneficiary to a trust was likely a fake.

The only admissible evidence showed "circumstantially" that a signature transferring the policy from the beneficiary to a trust was likely a forgery, Judge Jose E. Martinez of the U.S. District Court for the Southern District of Florida...
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Case Information

Case Title

Reassure America Life Insurance Company v. Damian Shomers et al

Case Number



Florida Southern

Nature of Suit



Jose E. Martinez

Date Filed

September 24, 2008

Law Firms

Government Agencies

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