USA v. Steinger et al

  1. August 26, 2011

    Mutual Benefits Atty Gets 5 Years For $837M Ponzi Plot

    A Florida federal judge sentenced a former attorney for Mutual Benefits Corp. to five years in prison Friday for his role in defrauding investors out of $837 million by buying life insurance policies from the terminally ill and seniors.

  2. May 19, 2011

    Ex-MBC Atty Cops To Role In $837M Insurance Scheme

    A former attorney with Mutual Benefits Corp. pled guilty in Florida on Wednesday to his role in an $837 million Ponzi scheme that defrauded investors who bought life insurance policies from the terminally ill and seniors.