{"data":{"id":"us-ny/n.y.-penal-law-176.60","jurisdiction":"us-ny","citation":"N.Y. Penal Law § 176.60","heading":"Life settlement fraud in the second degree","body":"§ 176.60 Life settlement fraud in the second degree.\n  A person is guilty of life settlement fraud in the second degree when\nhe or she commits a fraudulent life settlement act and thereby\nwrongfully takes, obtains or withholds, or attempts to wrongfully take,\nobtain or withhold property with a value in excess of one hundred\nthousand dollars.\n  Life settlement fraud in the second degree is a class C felony.","path":["Penal Law","Part 3. Specific Offenses","Title K. Offenses Involving Fraud","Article 176. Insurance Fraud"],"source_url":"https://legislation.nysenate.gov/api/3/laws/PEN/176.60","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"aeae52358d4f807da13262acf8ef49ddeefa436d27bd2f8024258ba559657cd1","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-penal-law-176.55","next":"us-ny/n.y.-penal-law-176.65"},"notice":"GroundRules: Original legal text. Not legal advice."}