Friday, November 02, 2007
King Files Lawsuit in Alleged Life Insurance Scam
Source: The Smoking Gun Larry King claims that an unscrupulous insurance brokerage swindled him in connection with his sale of $15 million in personal life insurance policies. In a lawsuit filed in U.S. District Court In Los Angeles, the 73-year-old television star alleges that he was targeted in a 2004 scheme hatched by the Maryland-based Meltzer Group. In his October 22 complaint, a copy of which you'll find below, King charges that the insurance company convinced him to engage in a series of "highly complex life insurance transactions" that resulted in the CNN host's purchase and flipping of insurance policies with an aggregate value of $15 million. MORE
# posted by ATN @ 8:11 PM 
