ARUBA - Robyn Gardner, 35, Maryland woman missing in Aruba, 2 Aug 2011 - # 4

[AngelFish]

http://abcnews.go.com/US/aruba-suspect-gary-giordano-walk-free-today/story?id=14463749

Yes it is a copy of the actual signature on Robyn Gardner's Change of Beneficiary Form. It is in the video at above link.

If the signing was witnessed, there is no proof of it on the form. Some of the Change of Beneficiary Forms online have a place for a witness to sign. This one does not.

Is that date May 11th, 2011?

 

[stilettos]

This insurance thing is troubling. DH and I both have life insurance - regular ol' life insurance: his is through his work; I have a small amount through his work; and I also have an independent policy.

HOWEVER, we both also have travel insurance with American Express. But it is nowhere near $1 million. To me, that's a red flag. HUGE FLAG. We have two children and each other to think about, yet our travel insurance is not as much as RG's was... To me, that says it all. MOO

My DH buys the million dollar AMEX insurance every single time he flies for business. It can be purchased for each trip as an added charge or you can buy the annual policy. We also have 1.5 million in life insurance on him. :waitasec: Dunno that it matters a whit to this case...just sayin'. DH wants us to be taken care of should something happen to his income...or himself.

I do find it strange that some person not your spouse or relative would make themselves the benficiary of your insurance.

God forbid anything strange happens to DH..they will look at me hard.

 

[Overanalyst]

Does anyone know the address to his house? Is there a way to determine if the mortgage was in default or foreclosure? Thanks.

12413 Pueblo Rd, Gaithersburg, MD - Google Maps (zoom out 1 click to see the property)

This is also the incorporated address for the "staffing company" Leverage, LLC that employs all of 2 people. I have no idea on foreclosure status. Frankly, It wouldn't surprise me and I just don't care that much to look.

 

[Sapphire]

Getting the address should be easy. I would do it but I have to run. If there is a foreclosure, it would be reflected in court records (unless it was still at the letter-writing stage). A foreclosure is just another form of lawsuit. If the court database there is searchable it would show up under his name.

GARY V GIORDANO
12413 PUEBLO
GAITHERSBURG, MD 20878



Owner: GARY V GIORDANO
Total land value: $399,920
Total value for property: $1,339,880
Total assessed value for property: $1,339,880
Base area of building: 5,174 square feet
Number of stories: 2
Air conditioning: yes
Date of current assessment: 09/2006
Year property was built: 2004

Read more: http://www.city-data.com/montgomery-county/P/Pueblo-Road-4.html#ixzz1VxlKp9Xq

 

[Tugela]

That report was from a couple weeks ago I believe regarding there having been a witness and that Robyn was of sound mind when she signed it. If I remember correctly it didn't specifically say those words came out of GG's mouth. I was left with the impression at the time that the form had a place for the witness to sign and that the form contained text underneath RG's signature that you occasionally see when you sign something that you are of sound mind, etc. when signing.

It is my speculation that the report was made up, someone pretending they have inside info but they don't. That's par for the course with this case. MOO.

It could be that there are two policies, one for the original planned trip, and a second for the current trip.

 

[R.U.Kidding!]

This insurance thing is troubling. DH and I both have life insurance - regular ol' life insurance: his is through his work; I have a small amount through his work; and I also have an independent policy.

HOWEVER, we both also have travel insurance with American Express. But it is nowhere near $1 million. To me, that's a red flag. HUGE FLAG. We have two children and each other to think about, yet our travel insurance is not as much as RG's was... To me, that says it all. MOO

It is a 'Big Red Flag!" ....and if killing RG was his intent, how could he be so stupid to believe that kind of payout with HIM as beneficiary was not going to be the number 1 piece of evidence for a premeditation C'mon:twocents:-- Robyn signing it is beyond stupid--even if they were in this together, AmEx is never going to pay out with these circumstances. Making this policy (or plan) completely useless. In fact he should have been doing everything in his power to keep Robyn safe---maybe that is why she signed it. A guarantee that this shady character didn't get any ideas--too bad.

 

[HatesSociopaths]

This doesn't tell us about any possible default on payments but perhaps we can glean a little more about what kind of expenses he was facing. Take for example the purchase price of the home in 2005 of $1,224,215:

2005 was during the housing bubble. This mortgage quite possibly was obtained with no money down, with an adjustable rate mortgage that jumps up in price. (A mortgage expert please chime in with better specifics.) A mortgage for a home of that value may be quite high, perhaps 6,000 dollars a month, or more. I am not sure but it is safe to say this guy had a lot of expenses, and the current value of his home shows that he had little equity in the home, if any. MOO. His apparent wealth is a house of cards, it appears.

Adjustable Interest Rates

While adjustable rate mortgages have been around for decades,[1] from 2002 through 2005 adjustable-rate mortgages became more complicated as did the calculations involved.[2] Lending became much more creative which complicated the calculations. Subprime lending and creative loans such as the “pick a payment”,[3] “pay option”,[4] and “hybrid” loans brought on new era of mortgage calculations. The more creative adjustable mortgages meant some changes in the calculations to specifically handle these complicated loans. To calculate the annual percentage rates (APR) many more variables needed to be added, including: the starting interest rate; the length of time at that rate; the recast; the payment change; the index; the margins; the periodic interest change cap; the payment cap; lifetime cap; the negative amortization cap; and others.[5] Many lenders created their own software programs, and World Savings even had contracted special calculators to be made by Calculated Industries specifically for their “pick a payment” program.[6] However, by the late 2000s the Great Recession brought an end to many of the creative “pick-a-payment” type of loans which left many borrowers with higher loan balances over time, and owing more than their houses were worth.[7] This also helped reduce the more complicated calculations that went along with these mortgages.

http://en.wikipedia.org/wiki/Mortgage_calculator#Adjustable_Interest_Rates

 

[plaidmom]

So we know that RG had the AmEx policy with GG listed as the beneficiary.

I seem to recall that GG had an AmEx policy as well. Is that correct? If so, what was the amount and who was the beneficiary of that policy? TIA.

 

[annalia]

This doesn't tell us about any possible default on payments but perhaps we can glean a little more about what kind of expenses he was facing. Take for example the purchase price of the home in 2005 of $1,224,215:

2005 was during the housing bubble. This mortgage quite possibly was obtained with no money down, with an adjustable rate mortgage that jumps up in price. (A mortgage expert please chime in with better specifics.) A mortgage for a home of that value may be quite high, perhaps 6,000 dollars a month, or more. I am not sure but it is safe to say this guy had a lot of expenses, and the current value of his home shows that he had little equity in the home, if any. MOO. His apparent wealth is a house of cards, it appears.



http://en.wikipedia.org/wiki/Mortgage_calculator#Adjustable_Interest_Rates

Had he sold a house prior to buying this one?

 

[annalia]

So we know that RG had the AmEx policy with GG listed as the beneficiary.

I seem to recall that GG had an AmEx policy as well. Is that correct? If so, what was the amount and who was the beneficiary of that policy? TIA.

I think it was reported to be his mother listed as beneficiary.

 

[HatesSociopaths]

This man took very careful measures to set up this pay-out, yet the final step was a botch - no body? Very bush league. The murder was a spontaneous moment when he got pissed off. He fed on the power in the attack, ultimately raping her, a fantasy he has always had. However, it left the body with marks and he had to hide it. Plan foiled.

MOO.

 

[plaidmom]

I think it was reported to be his mother listed as beneficiary.

Thanks. And the amount? Anyone?

Also, for any insurance experts here, what would happen to RG's policy payout in the event that her beneficiary also died or disappeared?

MY SO and I discussed this tonight. With a travel policy, what is the point of listing your travel companion as your beneficiary? I mean in the event of a plane crash or a boat capsizing or whatever, chances are good that you both are gone.

In other words, is there a secondary beneficiary? Her estate? Or does the money just go "poof"?

 

[HatesSociopaths]

I think that the snorkeling incident was his actual plan all along. He was just going to hold her head under water, drowning her, then bring the body ashore, in grief. They went to the beach and he tried to talk her into going into the water, but she wasn't into it. He failed in his plan because he didn't understand her hair extensions. It was a variable he didn't account for. Frustrated, he drove off to a remote desert area and killed her, probably raped her first. It foiled his plan as there was now evidence of strangulation. He had to hide the body, and his story became sketchy. That's my theory.

 

[AngelFish]

This man took very careful measures to set up this pay-out, yet the final step was a botch - no body? Very bush league. The murder was a spontaneous moment when he got pissed off. He fed on the power in the attack, ultimately raping her, a fantasy he has always had. However, it left the body with marks and he had to hide it. Plan foiled.

MOO.

How does that play into the insurance policy he had on the other girl in July 2011? IMO he was not mad. He used her life to try to get money. She was irrelevant, he needed a dead girl to collect on.

I do not believe this was a crime of passion.

 

[annalia]

Would the possibility that RG signed the policy prior to GG listing himself as the beneficiary be far fetched? That perhaps the name of a beneficiary was peciled in and later changed by GG?

 

[HatesSociopaths]

Thanks. And the amount? Anyone?

Also, for any insurance experts here, what would happen to RG's policy payout in the event that her beneficiary also died or disappeared?

MY SO and I discussed this tonight. With a travel policy, what is the point of listing your travel companion as your beneficiary? I mean in the event of a plane crash or a boat capsizing or whatever, chances are good that you both are gone.

In other words, is there a secondary beneficiary? Her estate? Or does the money just go "poof"?

Both were insured at 1.5 million. If RG's beneficiary died, then it would go to her estate.

 

[Dushi]

Would the possibility that RG signed the policy prior to GG listing himself as the beneficiary be far fetched? That perhaps the name of a beneficiary was peciled in and later changed by GG?

Nothing is far fetched in this case.
I just think she signed it, knowing he was beneficiary
He paid for it, maybe she had no issues with him being beneficiary

 

[HatesSociopaths]

How does that play into the insurance policy he had on the other girl in July 2011? IMO he was not mad. He used her life to try to get money. She was irrelevant, he needed a dead girl to collect on.

I do not believe this was a crime of passion.

His motive was to collect on the 1.5 million, no doubt in my mind. The girl in July 2011 would have been killed if she went on the trip. She cancelled.

The way he killed RG was not planned, however. What I am saying is that RG foiled his plan by refusing to go in the water.

MOO.

 

[Dushi]

His motive was to collect on the 1.5 million, no doubt in my mind. The girl in July 2011 would have been killed if she went on the trip. She cancelled.

The way he killed RG was not planned, however. What I am saying is that RG foiled his plan by refusing to go in the water.

MOO.

So you believe he meant to kill her, just not the way it might have happened?

 

[annalia]

Or perhaps he just told her that the policies were all just routine since he was paying for the whole trip, she had no reason to think otherwise at the time.