Warrants show NC woman got $1M insurance policy on husband in alleged murder plot

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RALEIGH, N.C. — A Wake County woman took out a $1 million life insurance policy on her husband a few months ago in an alleged murder plot, according to arrest warrants obtained by WRAL.

Tammy Franklin, 45, and her son, Steven Donald Franklin, were charged with felony conspiracy last week.

Steven Franklin was also charged with assault with a deadly weapon with intent to kill. His mother was also charged with intimidating a state’s witness, communicating threats and accessory after the fact of a felony.

Sheriff Donnie Harrison told WRAL that Steven Franklin attacked his father with a paring knife at their home on Oct. 31.

Donald Franklin told deputies that his son had tried to push him down the stairs with a “spiked rake,” but he was able to get away.

Investigators later found that Tammy Franklin had obtained a large life insurance policy for her husband in May.

Warrants obtained by WRAL show that she lied to investigators and said that she and her husband had signed up for extra coverage in March.

Tammy Franklin later admitted to diverting her husband’s paycheck into a bank account she controlled. She was also unable to explain why her husband thought their son was trying to kill him.

Investigators seized evidence such as documents, computers, cellphones and a safe from the family’s home.

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