New York statute
N.Y. Penal Law § 176.70 — Aggravated life settlement fraud
Current through 2026 legislative session (LBDC text via OpenLegislation as of 2026-07-17)
Part of Article 176: Insurance Fraud, New York Penal Law.
Criminal charges under this statute
Full text of N.Y. Penal Law § 176.70
Statutory text current through the 2026 legislative session (LBDC text via OpenLegislation as of 2026-07-17). This publication reproduces the text of the Consolidated Laws of New York as provided by the New York State Senate's Open Legislation service (Legislative Bill Drafting Commission statutory text); it is not the official statutes of the State of New York.
176.70 Aggravated life settlement fraud.
A person is guilty of aggravated life settlement fraud when he or she
commits a fraudulent life settlement act, and has been previously
convicted within the preceding five years of any offense, an essential
element of which is the commission of a fraudulent life settlement act.
Aggravated life settlement fraud is a class D felony.
Official sources
Legal terms used in this section
Questions this section answers
What class of felony is aggravated life settlement fraud in New York?
Aggravated life settlement fraud is a Class D Felony in New York under N.Y. Penal Law § 176.70.
Which New York statute covers aggravated life settlement fraud?
Aggravated life settlement fraud is governed by N.Y. Penal Law § 176.70 (Aggravated life settlement fraud).
This reference is informational and is not legal advice.