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July 24, 2008

Life insurance killers get life sentence without parole

GolayRutterschmidtOn July 15, 2008, Los Angeles Superior Court Judge David S. Wesley sentenced Helen Golay and Olga Rutterschmidt (both in their 70's) to life in prison without the possibility of parole because they sacrificed men on the "altars of greed."

What did these women do to justify this harsh sentence?  Plenty!!

Here is what they did according to Victoria Kim, Killers of 2 homeless men for insurance get life without parole, Los Angeles Times, July 16, 2008:

  • Helen and Olga lured homeless men into their home and took care of them for two years.
  • They bought life insurance policies on these men.
  • Then, the murdered them by running them over with an automobile.
  • By waiting two years before terminating the insureds, they were attempting to take advantage of California law which says that life insurance policies cannot be contested after two years.
  • They collected approximately $2.8 million in life insurance proceeds.  The men were covered by more than two dozen policies.
  • Both woman have appealed.

This situation appears to have been used as the basis for the plot of a recent episode of the television show, The Closer, entitled Speed Bump.

Special thanks to David S. Luber (Attorney at law, Florida Probate Attorney Wills and Estates Law Firm) for bringing the sentencing to my attention.

July 24, 2008 in Current Events, Non-Probate Assets | Permalink

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Comments

NOT like a story your grandma would read you. This one's gone terribly wrong. Even if you're not homeless, I still encourage you to take care, and keep your eyes open - just to watch out. I love to write on the subjects of Life Insurance, and cherish articles such as this - even if they harbor on the macabre. But what's important is to learn from such morbid cases, and ensure they won't happen again - at least to you.

Not wishing this to anyone,
Lorne

Posted by: Life insurance Canada | Aug 20, 2008 12:06:45 PM

This just blows my mind that people like this exist out there! I'm appauled!

Posted by: Health Insurance Quote | Oct 9, 2008 11:56:07 AM

Unreal that they could have gotten as far as they did. 2.8 million???

Posted by: Benefit Consultants "Gordon" | Oct 19, 2008 12:02:41 AM

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