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Posted March 29. 2013 1:45PM

Tessier fraud: Estate loses bid to get insurer to pay death benefit again

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THOMPSON, Circuit Judge. Thomas Tessier and his brother Michael Tessier allegedly bilked brothers Frederick and Thaddeus Jakobiec and the estate of their mother, Beatrice Jakobiec, out of millions of dollars. Footnote This lawsuit is about only one facet of the Tessiers' overall scheme, their theft of almost $100,000 in life insurance proceeds due to a trust benefitting Thaddeus.