Judge: Government Adequately Alleged Charges For Man’s Role In STOLI Scheme

(December 23, 2015, 9:05 AM EST) -- NEW HAVEN, Conn. — A federal judge in Connecticut on Dec. 21 denied a man’s motions to dismiss a superseding indictment asserting charges of mail and wire fraud, money laundering, aiding and abetting and illegal monetary transactions for his role in the sale of stranger-originated life insurance (STOLI) policies, finding that the government’s allegations were sufficient to bring the claims (United States of America v. Daniel Carpenter, No. 13-cr-226, D. Conn.; 2015 U.S. Dist. LEXIS 169810).

(Opinion available. Document #20-160122-007Z.)

U.S. Judge Robert N. Chatigny of...
To view the full article, register now.