845 Years for White-Collar Crime: The Sholam Weiss Insurance Fraud
Imagine trusting an insurance company with your life savings—only to have nearly half a billion dollars drained away. In this episode of A True Crime Podcast, host Alexander Lawson tells the story of Sholam Weiss and the National Heritage Life Insurance Company collapse, one of the largest insurance frauds driven by criminal acts in U.S. history.
Weiss and his partners looted hundreds of millions from the Orlando-based insurer, devastating tens of thousands of mostly elderly policyholders. When the jury began deliberating in 1999, Weiss fled the country. He was later sentenced in absentia to…
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