Thursday, May 27, 2010

Couple charged with life insurance fraud

A Florida couple have been charged with an insurance swindle involving the burial of a man they knew under a false name.

Laura Freed, 43, and Michael Petro, 40, were arrested Sunday, the Orlando Sentinel reported. They have been released on $125,000 bail.

Investigators say Freed and Petro took out an insurance policy on the life of Racko Petro in 1998. In 2005, Billy Urich, 59, was admitted to Heart of Florida Regional Medical Center as the 34-year-old Racko and died there of kidney failure...

UPI: Couple charged with life insurance fraud

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