Michael Jackson’s life insurance payments stolen

Payments to Michael Jackson's life insurance policy were stolen by one of the singer's aides.

Michael Jackson’s family will receive a far smaller life insurance payout than expected after it came to light that several premiums due to be paid to the policy in the lead up to his sudden death were missed, The Sun report. A Jackson insider claims the regular payments were stolen by one of Jackson’s aides and, due to the missed premiums, the family will only be entitled to a payment of £1.5million, rather than £13.7million they were expecting. "The family have told me that, utterly unbelievably and horrifyingly, one of his aides did not keep up with payments in the last months of his life,” cosmetic surgeon and friend Dr Steven Hoefflin said. "They believe this person was pocketing the money. This aide promised to send money - but never did. This was hugely important to him - it was money for his children. The family are furious and they are now seeking a lawsuit against the person believed responsible. It is incredible, and just stands as further proof of the levels of deception and incompetence of the sharks that surrounded Michael."

 

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