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NEWS ABOUT: Joe Caramadre

More About:  terminal illness annuity scam

'Terminally Ill? $2K in CASH' Schemers Profit Off of Death

Investors recruit dying for no-risk death benefit

(Newser) - Federal prosecutors are investigating a Rhode Island lawyer who recruited terminally ill people so he could buy annuities in their names and cash in when they died. The lawyer, noted local philanthropist Joe Caramadre, began taking out ads in 2007 in the local Catholic diocese’s newspaper, proclaiming “Terminal... More »

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