Insurance Exec Gets 60 Years For $485M Life Settlement Fraud

By Brian Mahoney · October 23, 2012, 6:11 PM EDT

A Virginia federal judge on Tuesday sentenced the ex-president of Costa Rica-based Provident Capital Indemnity Ltd. to 60 years in prison for allegedly wheedling investors of their savings in a $485...

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Case Information

Case Title

USA v. Provident Capital Indemnity, LTD. et al

Case Number

3:11-cr-00014

Court

Virginia Eastern

Nature of Suit

Date Filed

January 05, 2011