2 Allegedly Kill Transients For Insurance Money

Tuesday, August 1st, 2006 Fraud Liability Life & Health

Two 70-something women were charged Monday with killing homeless men in hit-and-run car crashes in order to collect million of dollars on their life insurance policies. The women are accused of arranging hit-and-run accidents in alleys, leaving 73-year-old Paul Vados dead in November 1999 in Hollywood and 51-year-old Kenneth McDavid dead in June 2005 in Westwood. The women took out three dozen life insurance policies on the men, had them killed and then collected while falsely claiming to be relatives. However, some of the insurers found the circumstances suspicious and refused to pay.

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http://msnbc.msn.com/id/14124726/

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