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176.50 – Life settlement fraud in the fourth degree

§ 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.

Criminal Laws NY