NH Judge Dismisses Suit Over Fraudulent Insurance Payout
By Pat Grossmith, The New Hampshire Union Leader, Manchester | |
McClatchy-Tribune Information Services |
"Unfortunately for plaintiffs, the (attorney Thomas and retired police Capt. Michael) Tessiers had positioned themselves to steal the proceeds of the insurance policy" regardless of whether the check was made payable to the fraudulent trust or the actual trust,"
Jakobiec filed the lawsuit in an attempt to recoup insurance money stolen by the Tessiers, his cousins, both of whom were convicted for stealing from a trust fund set up to take care of him.
Barbadoro, in dismissing the lawsuit against
According to court records,
Beatrice died in
According to Barbadoro's ruling, Tessier did not hear from Frederic, even though he made numerous attempts to contact him, so he decided to sort through Beatrice's financial statements and unread mail. He learned she had purchased the insurance policy.
On
About two weeks later, Tessier prepared a fraudulent trust document, the "
Tessier did not list the life insurance policy on the petition, although he was not required to, nor did he inform the probate court of its existence. Less than a week later, he notified
He gave the correct taxpayer number for the
Barbadoro concluded the Jakobiecs could not prevail in the case because they would have suffered the same harm regardless of whether
"Unfortunately for plaintiffs, the Tessiers had positioned themselves to steal the proceeds of the insurance policy," the judge wrote.
"Because Tessier concealed the insurance policy from the probate court and succeeded in having his brother Michael substituted as trustee of the
The Union Leader was unable to reach the Jakobiecs' or
___
(c)2012 The New Hampshire Union Leader (Manchester, N.H.)
Visit The New Hampshire Union Leader (Manchester, N.H.) at www.unionleader.com
Distributed by MCT Information Services
Wordcount: | 850 |
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News