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The Trap of Insurance Fraud
Before Michael Malloy, he had befriended and taken out a life insurance policy for $2,000 in the 1920s. And then killed a homeless woman, whose name was Mabel Carlson. One source says, Francis Pasquat convinced Malloy to take out the life insurance policy on his own since he was a drunk. Another source said, Mereno tricked Malloy into signing a document under the guise that they were to get Mereno elected for local court of politics.