Yikes! Remind me not to piss off grandma when she starts asking questions about my life insurance situation. Geesh.
Two elderly women devised a complex plot in which they befriended homeless men, took out life insurance policies on them, and then killed the men in hit-and-run accidents in alleys around Los Angeles to collect $2.2 million in payments, police said Monday.
The women are linked to two deaths, one in 1999 and one last year. Los Angeles police are reviewing other hit-and-run accidents involving transients in a search for more possible victims.
The women were arrested last week after police investigating them began to fear for a third man’s life, police said. The women, who remain jailed, were arraigned on eight counts of mail fraud, and the FBI froze more than $2 million in assets between them. They have yet to enter a plea.
Olga Rutterschmidt, 73, and Helen Golay, 75, took out 19 life insurance policies on the two victims and tried to take out more, according to an affidavit filed in federal court. They offered to help the men get off the streets in exchange for the men signing a life insurance policy. Then the women had rubber stamps made from the signatures and used the stamps to acquire more insurance, court records show.
And who says the elderly have no “Get-up-and-Go!” LOL!