A crypto trader, Andre Zachary Rebelo, has been found guilty of murdering his own mother, Colleen Rebelo, to claim over $1 million in life insurance payouts. The incident occurred on May 25, 2020, at their home in Perth, Australia.
Here are the key points about the case:
– Life Insurance Policies: Rebelo had taken out three separate life insurance policies totaling $1.2 million AUD (£500,000) against his mother just a week before her death.
– Financial Difficulties: Despite portraying an extravagant lifestyle on social media, Rebelo and his partner were struggling with debts exceeding $120,000 AUD.
– Investigation and Arrest: An insurance company employee flagged the case, suspecting Rebelo of fraudulently attempting to claim life insurance. Rebelo was arrested and charged with his mother’s murder in 2022.
– Guilty Verdict: The jury has found Rebelo guilty of committing the murder.
Source: Vanguard
