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Four indicted in $1B viatical fraud case




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Five years after their company was shut down, four officials of a viatical and life settlement company have been indicted.

In a 25-count indictment, Joel Steinger, Steven Steiner, Michael McNerney and Anthony Livoti Jr. of Mutual Benefits Corp. were charged with, among other things, conspiracy, mail fraud, wire fraud and money laundering.

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