{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"","title":"Joel Steinger: The Insurance Fraud King of South Florida","description":"Imagine a world where you can invest in someone else’s mortality—where every check you write is a bet on a stranger’s last breath. In South Florida, that world became reality, and Joel Steinger turned it into a business.\r\n\r\nLong before federal charges, Joel Steinger was thriving in an ecosystem built for improvisers. South Florida in the nineteen-nineties wasn’t about old-money discipline or Wall Street tradition. It was about speed, speculation, and selling dreams to anyone who wanted a financial edge. This was a place where insurance policies could be traded like stocks, and oversight was often just a rumor. In this landscape, a new idea took root: the viatical settlement. Investors could buy life insurance policies from people facing terminal illness, pay their premiums, and then, someday, collect the full death benefit. In theory, it was a win-win—a way for the dying to get cash, and for investors to pocket the difference. But in practice, it depended on trust, on expertise, and on honest underwriting.\r\n\r\nAurelius and Malik take on this case in full — 5 chapters, 30 minutes, one complete story.\r\n\r\nLearn more at: https://thefraudarchive.com/fraud/joel-steinger","author_name":"The Archive Network"}