Would You Kill For An Insurance Payout?

Would you kill someone close to you just to get their life insurance payout?
Most of us wouldn't.
We could not even imagine how cruel one has to be to murder someone close for money.
But that was exactly what happened in Japan.

The Black Widow
A Japanese woman name Chisako Kakehi, known by the Japanese media as 'Black Widow'.

Nope, Chisako is not a secret agent.
She just dates and marries men who were old, sickly, and rich.
After the men named Chisako as the sole beneficiary of their assets and insurance plan, she would poison these men to death.
She then proceeds to take possession of their wealth, as well as their insurance payouts, making her a multi-millionaire in the process.
In 20 years, she amassed 800 million yen (approximately USD 6.8 million) in inheritance and insurance payout.

Recommended Read: Save in CPF or Invest in SPDR STI ETF?

The Law Catches Up
In 2014, she was arrested and charged for the murder of 3 men and attempted murder of a 4th victim - her new husband.
She was sentenced to death in 2017.
Although she was only convicted of 4 counts of murder and attempted murder, it was suspected that there could be more than 10 men who were killed by her.

Where did her money go to after her death?
Actually, before her death, she already squandered away most of her wealth by investing in high speculative financial products.

Moral of the story:
1. Don't kill for money
2. If you anyhow invest, you will anyhow lose away any fortune you have accumulated.

Hey You!
If you have a story about your or your relative's financial journey that you want to share, let us know in the comments below or email us at investmentstab@gmail.com.

Recommended Read: The 4% Shortfall In Your CPF Retirement Fund

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