Life Insurance - LA pensioners go on trial for fraud and murder - 19/03/2008

Two pensioners from Los Angeles are to stand trial for murder and fraud after allegedly killing two homeless men who they befriended and then conned into signing life insurance policies worth millions of dollars.

Lifelong friends, Helen Golay, 77 and Olga Rutterschmidt, 75, gave food and shelter to drifter Paul Vados, securing his trust and getting him to put his signature to a life insurance policy, say prosecutors. Vados was allegedly drugged and driven over in a car by the women who then cashed in several insurance policies.

Prosecutors say that they repeated the plot two years later, killing fifty year old Kenneth McDavid whilst owning 23 insurance policies in his name.

Despite the advancing years of the defendants, the district attorney's office has been adamant that their age will have no bearing on the case.

“It's not the age that counts, it's what they do. And we intent to show in court what their actions were” said Sandi Gibbons, a DA spokeswoman.

The case has been compared to the 1944 Frank Capra film, Arsenic and Old Lace , starring Cary Grant.

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