New York Penal Code § 176.55

Life settlement fraud in the third degree
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§ 176.55 Life settlement fraud in the third degree.\n  A person is guilty of life settlement fraud in the third degree when\nhe or she commits a fraudulent life settlement act and thereby\nwrongfully takes, obtains or withholds, or attempts to wrongfully take,\nobtain or withhold property with a value in excess of fifty thousand\ndollars.\n  Life settlement fraud in the third degree is a class D felony.\n

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