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“Black Widows” kill... then claim life insurance!

How about this life insurance story?

LOS ANGELES, California

Two elderly women dubbed “the Black Widows” are accused of killing two transient men with a car in order to collect on their life insurance to the tune of almost US$2.8 million.

The prosecutor said the women befriended the two homeless men and took out life insurance policies on their lives, then drugged them and ran them over to make it look as if they had been killed in hit-and-run accidents. Olga Rutterschmidt, 75 and Helen Golay, 77, each pleaded not guilty to two counts of murder and two counts of conspiracy to commit murder for financial gain in the deaths of 73-year-old Paul Vados in 1999 and 51-year-old Kenneth McDavid in 2005.

The prosecutor told the jury the women found the men in a homeless shelter at a Hollywood church, set them up in apartments and supported them for two years, all the while taking out multiple insurance policies on their lives valued at US$5.7million, costing them $64,000 in life insurance premiums.

Each man was kept by the women for two years, the length of time that would make their insurance policies uncontestable. Then after killing them, they went to the coroner's office, claimed the body as a relative and had it cremated.

The women ultimately profited off the deaths with $2.8million and were still trying to collect the remaining $2.9million when they were arrested.

See the story here.

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