Judge Denies Woman’s Motion To Dismiss Forfeiture Of Insurance Proceeds Action

Mealey's (December 14, 2015, 12:11 PM EST) -- NEW HAVEN, Conn. — A federal judge in Connecticut on Dec. 10 denied a widow’s motion to dismiss a government forfeiture action of the proceeds of her husband’s life insurance policy, holding that the government sufficiently alleged that the man used unlawfully obtained money from a Ponzi scheme to pay the policy premiums (United States of America v. $465,789.31 Seized From Term Life Insurance Policy No. PJ 108 002 588 in the name of Robert E. Lee Jr. at AXA Equitable Life Insurance Company, No. 15-cv-1353,...
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