Insurance,  Ponzi

White-Collar News from 500 Pearl Street: For Ponzi’d Investors, There’s A Future In Suicide

Today’s collection of white-collar stories from Walt Pavlo, here — 500 Pearl Street

In particular, note the story about the alleged Ponzi schemer who tried to placate investors by offering to name them as beneficiaries on a life-insurance policy; wait out the two-year suicide clause; then kill himself.  One wonders what kind of retainer he offered when he was hiring counsel.