August 26, 2011
A Florida federal judge sentenced a former attorney for Mutual Benefits Corp. to five years in prison Friday for his role in defrauding investors out of $837 million by buying life insurance policies from the terminally ill and seniors.
May 19, 2011
A former attorney with Mutual Benefits Corp. pled guilty in Florida on Wednesday to his role in an $837 million Ponzi scheme that defrauded investors who bought life insurance policies from the terminally ill and seniors.