N.Y. Penal Law Section 176.50
Life settlement fraud in the fourth degree


A person is guilty of life settlement fraud in the fourth degree when he or she commits a fraudulent life settlement act and thereby wrongfully takes, obtains or withholds, or attempts to wrongfully take, obtain or withhold property with a value in excess of twenty-five thousand dollars. Life settlement fraud in the fourth degree is a class E felony.

Source: Section 176.50 — Life settlement fraud in the fourth degree, https://www.­nysenate.­gov/legislation/laws/PEN/176.­50 (updated Sep. 22, 2014; accessed Jun. 15, 2024).

Accessed:
Jun. 15, 2024

Last modified:
Sep. 22, 2014

§ 176.50’s source at nysenate​.gov

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