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Posted: 12:53 PM Aug 16, 2010
Insurance Fraud Charges Against VA Fortune-Telling Family
NORFOLK, Va. (AP) A Virginia family considered pioneers in their region's fortune-telling industry is weathering federal insurance fraud charges against several of its members.
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A Virginia family considered pioneers in their region's fortune-telling industry is weathering federal insurance fraud charges against several of its members.
A U.S. District Court indictment alleges six people including Mitchell Marks, his girlfriend, his two sons and brother Steven Marks conspired to steal $16 million from life insurance companies.
Federal prosecutors say the scam involved policies obtained after healthy impostors stood in for older, sick family members and friends during the necessary medical exams.
Marks family members have operated as fortune-tellers in southeastern Virginia for decades. Some of the defendants allege that while they may be able to read palms and tarot cards, they're illiterate when it comes to insurance policies.
©2010 The Associated Press. All rights reserved.
Latest Comments
Don't be too harsh on the defendants. Most people don't understand the technical insurance-related nuances concerning the prohibition on using impostors to fake the medical exams in order to cheat the insurance company out of money. It's highly technical, legalese stuff.
These people are trying to scam $16 million and someone is stupid enough to say they are illiterate? Seriously folks who are we kidding!
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