Editing Openai/6834625b-bcd8-8005-8c0b-cdb2fda42254 (section)

===== Step-by-Step Breakdown of the Scam: =====
# Fraudulent Acquisition of Policies: - A group or individual obtains life insurance policies on one or more people—often with falsified information or forged identities. - They may coerce vulnerable individuals (homeless, elderly, addicts) into signing policies, or use stolen identities.
# Designating Themselves as Beneficiaries: - The fraudster(s) set themselves up as the beneficiaries of the policy, sometimes posing as relatives, business partners, or caregivers.
# Waiting Period (Contestability Period): - Most policies have a 1–2 year contestability period where the insurer can deny claims due to fraud. The perpetrators typically wait until this period ends.
# Staged or Real Murder: - Once the waiting period passes, the insured person is killed or dies under suspicious but hard-to-prove circumstances (e.g., staged accidents, medical overdoses).
# Collecting the Insurance Payout: - The fraudsters file a claim and collect the life insurance death benefit—sometimes millions per person.