Insurance Scam Plotted by Mich. Prison Inmates Takes Fatal Twist

April 28, 2006

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According to the Coalition Against Insurance Fraud, what started as a life-insurance fraud scheme ended up as an execution.

Michigan inmates Cameron Wade Sanders and Kevin Mykolaitis hatched a con while in prison to create a fake business, take out life insurance on each other as business partners, then fake one of their deaths and split the insurance money, officials allege. They set up the suspected scheme after getting out of jail—except for one fatal twist. Mykolaitis shot Sanders for real so he could keep the money himself, prosecutors say. His body was found in a field near a Detroit-area mall.

Mykolaitis called the insurance agency a week before Sanders’ body was found to ask if all of the premiums had been paid. If convicted, he faces life in state prison.

Source: Coalition Against Insurance Fraud

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Latest Comments

  • September 27, 2006 at 1:54 am
    Chris Bogner says:
    He will be missed by more than one person. I was Cameron\'s friend since the sixth grade and want people to realize there is a face behind statistics and crimes. For every \... read more
  • August 23, 2006 at 4:13 am
    Wendy says:
    I hope some of the people who posted the cruel messages read this: Cameron Sanders was my cousin. He did not have an easy life and I realize this is no excuse for his criminal... read more
  • May 1, 2006 at 8:04 am
    D Terminator says:
    Talk about cold blooded pre-meditation! Why shouldn\'t he get the same fate delt his partner?
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