Judge asked to decide who gets $3.6M in Lincoln businessman's life insurance payouts
Posted on AllSides April 19th, 2024
A Lancaster County judge is being asked to settle a legal fight over what to do with $3.6 million in life insurance payouts to the trust of a Lincoln businessman who left millions more in outstanding bank loans allegedly obtained by fraud. Following Aaron Marshbanks' suicide in a downtown Lincoln parking garage on Nov. 2, 2022, bankers across the state began reporting that he had taken out millions in loans, allegedly based on financial statements misstating the value of his collateral provided by his investment advisor, Jesse Hill. Within two...