Thomas and Michael Tessier allegedly bilked Frederick and Thaddeus Jakobiec and the estate of their mother, Beatrice Jacobiec, out of millions of dollars. One part of that scheme allegedly involved the theft of approximately $100,000 in life insurance proceeds due a trust benefiting Thaddeus. After Beatrice’s death, Thomas was rummaging through Beatrice’s items and found that a life insurance policy existed on the life of Beatrice. That policy was payable to a trust known as the Smillie Trust. So began this alleged criminal enterprise.
Thomas and Michael filed an ex parte petition to remove Frederick as trustee and install Michael as the trustee of the Smillie Trust for the benefit of Thaddeus. Nearly simultaneously, Thomas fraudulently created a second trust for Thaddeus. Through alleged fraud, forgery, and subterfuge, Thomas convinced the insurance company to pay the death benefit to theRead More