Colorado child killer Letecia Stauch procured a life insurance policy on her 11-year-old stepson, Gannon Stauch, two years before killing him.
Court documents obtained by KDRO’s 13 Investigates reveal that Stauch purchased the “Child Rider” insurance policy on June 11, 2017, enabling a $25,000 payout in the event of Gannon’s demise.
Now, USAA has filed a request with a federal judge to determine the appropriate recipient of the funds.
USAA initiated the federal lawsuit against Stauch, as well as Gannon’s parents, Al Stauch and Landen Hiott. The company asserts that the “felonious killing” of Gannon should ban convicted murderer, Stauch, from profiting from his demise, and is now asking a judge to decide where the money should go.
A lawyer representing Al and Hiott stated that they have no objections to the federal courts holding the money until a judge determines the rightful recipient.
As CrimeOnline previously reported, Stauch stabbed, beat, shot, and killed Gannon inside the family’s Fountain home in January 2020. She then took great measures to cover up her crimes, by blaming numerous imaginary people and driving to Florida, where she tossed Gannon’s body, stuffed inside a suitcase, over a bridge in Pace.
A Colorado jury convicted Stauch of first-degree murder and related charges this month. She’s since been taken to the Denver Women’s Correctional Facility, where she will serve out a life sentence without the possibility of parole.
According to court documents, Stauch arranged the policy, which stipulated 75% of the funds should go to her daughter, Harley Hunt, and 25% to Al Stauch, in the event of Gannon’s death.
On the day she was arrested for Gannon’s murder, Letecia Stauch requested USAA to modify the beneficiary information and exclude Al. On March 3, 2020, USAA made the necessary changes to designate Harley Hunt as the sole beneficiary.
“When you take out an insurance policy, the insurance company has an obligation to pay on that policy. If they don’t pay on that policy, the insurance company can be sued for triple damages,” attorney Jeremy Loew told KDRO. “They’ve essentially given the money to the court and they’ve asked the court to decide who the money should go to if anybody at all.”
“You can’t take a life insurance policy out against someone and then murder them for the money. That’s not allowed. It seems to be what occurred in this case.”
The story is developing. Check back for updates.
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[Feature Photo: Gannon Stauch; Facebook/Landen Hiott]