N.Y. Penal Law § 176.50: Life settlement fraud in the fourth degree

§ 176.50 Life settlement fraud in the fourth degree.

A person is guilty of life settlement fraud in the fourth degree when

he or she commits a fraudulent life settlement act and thereby

wrongfully takes, obtains or withholds, or attempts to wrongfully take,

obtain or withhold property with a value in excess of twenty-five

thousand dollars.

Life settlement fraud in the fourth degree is a class E felony.