Maryland Woman Convicted in $20 Million Insurance Fraud Scheme

Maureen Wilson, a 77-year-old woman from Owings Mills, Maryland, was convicted for her involvement in a significant insurance fraud and money laundering scheme, which resulted in over $20 million in fraudulent life insurance policies. Together with her husband, James Wilson, she misrepresented the health and wealth of more than 40 individuals to obtain these policies, using forged signatures to claim ownership and benefits. The couple concealed their actions by transferring proceeds through multiple bank accounts and filed false tax returns for 2018 and 2019, omitting substantial income from their fraud. Wilson was convicted on multiple charges, including conspiracy to commit mail and wire fraud and money laundering, and is set to be sentenced on June 20. Her husband was also convicted in a related case earlier this year. The case was investigated by the IRS, with assistance from the Maryland Attorney General's office.