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Dead Vets’ Families Accuse Insurer of $100 Million Scam

July 31, 2010 - 19:59
by Aaron Glantz

Prudential cheated the families of dead American soldiers and Marines out of more than $100 million in interest on their life-insurance policies, according to a lawsuit filed Thursday in a Massachusetts federal court.

The suit, brought by the parents of two veterans who committed suicide after returning home from Iraq, came as the Pentagon, the Department of Veterans Affairs and New York Attorney General Andrew Cuomo all announced investigations into the allegations, first disclosed by Bloomberg Markets magazine this week.

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