OH - Pike County: 8 people from one family dead as police hunt for killer(s) #32

[RAISINISBACK]

Excellent point! I didn’t even think about that. I believe you are absolutely correct.

Just putting this hear for a home who isn’t familiar with the RICO act.

https://en.m.wikipedia.org/wiki/Racketeer_Influenced_and_Corrupt_Organizations_Act

If what we think was going on, was really going on, the elder W's would have needed somewhere to shelter their assets and land from seizure under the RICO Act.

Maybe that is why the land trusts in someone else's name.

JMO

 

[MittenScarpetta]

If what we think was going on, was really going on, the elder W's would have needed somewhere to shelter their assets and land from seizure under the RICO Act.

Maybe that is why the land trusts in someone else's name.

JMO

And maybe, if what we think was going on, really was/is going on...it took LE/BCI quite a while to piece it all together because of the extensive land ownership across the board...

This is just a theory and only that, but I am curious if CRsr had a land trust partnership with the W’s. And maybe he somehow gained $30k that he wasn’t supposed to from that to purchase the new home for DR.

Again, it’s just a theory and could be the farthest thing from the truth. I’m just thinking out loud. JMO

 

[rsd1200]

Thank you!

I went and looked. It looks like FR’s is settled, but there’s another hearing for HMR & CRjr on 6/11.

As far as the home owners insurance on DR, I would speculate that she did not have to have PMI insurance on it since there was a 30k down payment and the mortgage would’ve then only been for 30k. PMI is typically only used when a down payment is less than 20% OR when the loan to value ratio is high, I.e when there’s no equity. So my best guess is that no, DR would not have had that type of insurance that would pay off her home in the event of a death. Unless of course, she paid the extra on her standard house insurance to have that clause. Just from experience, most people don’t choose that option because it can be pricey and insurance companies try to not even tell the insured it’s an option.

In regards to the life insurance on the 3 Rhoden kids, I need to research, BUT it used to be in the event of a homicide, life insurance will not disperse funds until the crime is solved OR the beneficiary has been 100% cleared of any wrong doing. I would tend to believe that DR would have listed the beneficiary as herself and probably CRsr as the secondary. Since they’re both deceased, I wonder who she had listed as the 3rd beneficiary (if she even did). If there’s not a 3rd beneficiary, I’m not sure how an insurance company would handle that. Would they default the payout to the next of kin? Or in the event that CRsr wasn’t the 2nd listed beneficiary, who was? And did that person know prior to the murders?

Also, I did an address search of BJM on a couple different databases I use. One came up with zero results (odd). The other two case up with an address I’ve never seen mentioned anywhere. So, if she lived or lived on the property on LFR, she never used the address.

One of the addresses that I have for BJM showed up as not being owned by a R, the other is LM's address, and the third is also not owned by a R, nor a M.

 

[MittenScarpetta]

One of the addresses that I have for BJM showed up as not being owned by a R, the other is LM's address, and the third is also not owned by a R, nor a M.

The one I came up with is the other M sibling but I don’t know who owns the property.

 

[rsd1200]

I would think that putting the land in a land trust under someone else's name or even with someone else as 50% owner would shelter it from the RICO act too.

They have Flying W. all off to itself. It's not in any trust or having land sold off of it, that I can see, anyway. I know that it sounds simple, but, maybe they're wealthy folks, trying to stay wealthy, and they're doing it, just barely, on this side of the law. With the right lawyer, it can be done. Anyone ever watch Breaking Bad? "Better Call Saul"

 

[rsd1200]

The one I came up with is the other M sibling but I don’t know who owns the property.

That's my 2nd one, I think, but it's her sil's kin, I'll put it like that. I don't want to break TOS. O.O

 

[molly1255]

Thank you!

I went and looked. It looks like FR’s is settled, but there’s another hearing for HMR & CRjr on 6/11.

As far as the home owners insurance on DR, I would speculate that she did not have to have PMI insurance on it since there was a 30k down payment and the mortgage would’ve then only been for 30k. PMI is typically only used when a down payment is less than 20% OR when the loan to value ratio is high, I.e when there’s no equity. So my best guess is that no, DR would not have had that type of insurance that would pay off her home in the event of a death. Unless of course, she paid the extra on her standard house insurance to have that clause. Just from experience, most people don’t choose that option because it can be pricey and insurance companies try to not even tell the insured it’s an option.

In regards to the life insurance on the 3 Rhoden kids, I need to research, BUT it used to be in the event of a homicide, life insurance will not disperse funds until the crime is solved OR the beneficiary has been 100% cleared of any wrong doing. I would tend to believe that DR would have listed the beneficiary as herself and probably CRsr as the secondary. Since they’re both deceased, I wonder who she had listed as the 3rd beneficiary (if she even did). If there’s not a 3rd beneficiary, I’m not sure how an insurance company would handle that. Would they default the payout to the next of kin? Or in the event that CRsr wasn’t the 2nd listed beneficiary, who was? And did that person know prior to the murders?

Also, I did an address search of BJM on a couple different databases I use. One came up with zero results (odd). The other two case up with an address I’ve never seen mentioned anywhere. So, if she lived or lived on the property on LFR, she never used the address.

On the life insurance, the beneficiary and the contingent were likely murdered. If a third beneficiary was not named, the insurance company usually follows the inheritance laws of the state.

I'm thinking the beneficiaries may be the children of HR and FR with these same children being the beneficiary of of CRJr., as nieces and nephews. If this is the case, the insurance company may have already paid out the benefit.

If Dana was the one who purchased the policies and if she did name a third beneficiary, she may have named one or more of her relatives and if this is this case, the life insurance company may not make payment until the case is resolved. JMO

 

[MittenScarpetta]

On the life insurance, the beneficiary and the contingent were likely murdered. If a third beneficiary was not named, the insurance company usually follows the inheritance laws of the state.

I'm thinking the beneficiaries may be the children of HR and FR with these same children being the beneficiary of of CRJr., as nieces and nephews. If this is the case, the insurance company may have already paid out the benefit.

If Dana was the one who purchased the policies and if she did name a third beneficiary, she may have named one or more of her relatives and if this is this case, the life insurance company may not make payment until the case is resolved. JMO

Yeah that’s the same as what I believed to be the case. That’s pretty much how life insurance has always been but I wasn’t sure if regulations had changed since I last researched.

I highly doubt she had a 3rd listed party. Not because I know, it’s just what my gut tells me. If she did, I would guess it would have been LM or her mom.

 

[Betty P]

Happy Mother's Day to all the moms here!

 

[RAISINISBACK]

Yeah that’s the same as what I believed to be the case. That’s pretty much how life insurance has always been but I wasn’t sure if regulations had changed since I last researched.

I highly doubt she had a 3rd listed party. Not because I know, it’s just what my gut tells me. If she did, I would guess it would have been LM or her mom.

Does anyone know if DR and CR1 had life insurance on themselves? It doesn't make sense they would have it on the kids but not themselves.

Hubby and I have it on ourselves, our son and DIL and our grandsons. That reminds me, we need some on our great grandson and and our grandson's wife, just haven't had time yet.

But the point is, why would DR insure the kids but not herself? Funerals are very expensive these days and her kids would have been left with that expense to come up with so I would think she had it on herself also.

One more thing, if they all had accidental insurance, of which you can get a lot higher dollar value for a lot less money, would it pay off in the case of murder? Could that be considered an accident since it was an unexpected and unnatural death?

I am lost in the insurance world unfortunately.

 

[RAISINISBACK]

Happy Mother's Day. :loveyou:

 

[Dudly]

Off topic but here is part of the problem with drugs in Ohio. In possession of 17 pounds of marijuana but not charged with possession. He was given 60 months
of probation for trafficking. I guess they didn't want him to lose his source of income....

https://www.earlybirdpaper.com/gettysburg-man-guilty-of-trafficking/

 

[molly1255]

Does anyone know if DR and CR1 had life insurance on themselves? It doesn't make sense they would have it on the kids but not themselves.

Hubby and I have it on ourselves, our son and DIL and our grandsons. That reminds me, we need some on our great grandson and and our grandson's wife, just haven't had time yet.

But the point is, why would DR insure the kids but not herself? Funerals are very expensive these days and her kids would have been left with that expense to come up with so I would think she had it on herself also.

One more thing, if they all had accidental insurance, of which you can get a lot higher dollar value for a lot less money, would it pay off in the case of murder? Could that be considered an accident since it was an unexpected and unnatural death?

I am lost in the insurance world unfortunately.

The insurance world is something I know - 33 years of it - lol. I haven't read whether DR or CR Sr. had life insurance. If Dana's place of employment provided it for full-time employees, she may have been covered. But CR Sr. was self-employed.

It is not unusual for parents to purchase a whole life policy on young children. It is inexpensive to purchase, builds some cash value and they typically plan to turn it over to the child when they reach adulthood.

The murder of an insured is considered to be an accident to the insured, so if there is an accidental death (or double-indemnity clause) on the policy, then this additional benefit would also be paid to the beneficiary.

Life insurance appears to be quite simple, however, it can also be quite complicated.

 

[Nickandnora]

Happy Mother’s Day :loveyou: to all the Mothers here

 

[rsd1200]

On the life insurance, the beneficiary and the contingent were likely murdered. If a third beneficiary was not named, the insurance company usually follows the inheritance laws of the state.

I'm thinking the beneficiaries may be the children of HR and FR with these same children being the beneficiary of of CRJr., as nieces and nephews. If this is the case, the insurance company may have already paid out the benefit.

If Dana was the one who purchased the policies and if she did name a third beneficiary, she may have named one or more of her relatives and if this is this case, the life insurance company may not make payment until the case is resolved. JMO

I don't mean to muddy the water any further, but, with CR2, I think his would go to his grandparents. His sibs are deceased, he has no children, and, unless the insurance company they have it through, has different rules, it appears, the state of Ohio, would see his grandparents (1/2 to the Ms & 1/2 to GSR) as next of kin. S and K would split HMR's and R & B would split FR's.

[FONT=&quot]If one or both of your parents don’t outlive you, your siblings would share the estate, and if you have no siblings, the money goes to your grandparents. [/FONT]

http://info.legalzoom.com/beneficiary-life-insurance-laws-ohio-27405.html

Descent and Distribution; Ohio See 2105.06
http://codes.ohio.gov/orc/2105

 

[rsd1200]

Happy Mother's Day to all the moms here!

And to you, Betty!

 

[rsd1200]

Happy Mother's Day. :loveyou:

And to you Raisin!

 

[rsd1200]

Happy Mother’s Day :loveyou: to all the Mothers here

And to you Nick!

And to all other Moms out there!

 

[molly1255]

I don't mean to muddy the water any further, but, with CR2, I think his would go to his grandparents. His sibs are deceased, he has no children, and, unless the insurance company they have it through, has different rules, it appears, the state of Ohio, would see his grandparents (1/2 to the Ms & 1/2 to GSR) as next of kin. S and K would split HMR's and R & B would split FR's.



http://info.legalzoom.com/beneficiary-life-insurance-laws-ohio-27405.html

Descent and Distribution; Ohio See 2105.06
http://codes.ohio.gov/orc/2105

That's good to know. I didn't look up the Ohio law - was guessing on CR Jr.

 

[rsd1200]

The insurance world is something I know - 33 years of it - lol. I haven't read whether DR or CR Sr. had life insurance. If Dana's place of employment provided it for full-time employees, she may have been covered. But CR Sr. was self-employed.

It is not unusual for parents to purchase a whole life policy on young children. It is inexpensive to purchase, builds some cash value and they typically plan to turn it over to the child when they reach adulthood.

The murder of an insured is considered to be an accident to the insured, so if there is an accidental death (or double-indemnity clause) on the policy, then this additional benefit would also be paid to the beneficiary.

Life insurance appears to be quite simple, however, it can also be quite complicated.

I think every new parent around here used to get, and may still get, those Gerber Life Insurance forms, within days of going home from having a baby. I think they came in the little send-you-home package, with mine. It cost a $1 to start one, and, when mine were born, about a couple dollars a month to keep them up. I would almost bet she got those.