According to court documents and evidence presented at trial, the Wilsons conspired to defraud life-insurance companies by securing more than 40 life-insurance policies. The scheme included mispresenting policy applicants’ health, wealth, and existing life-insurance coverage. Total death benefits from these policies exceeded $20 million. Also, one of the individuals, a former Maryland life insurance broker, defrauded individual investors to receive funds that he used to pay premiums on the fraudulently obtained life-insurance policies. Source: US Attorney, District of Maryland