Settlement reached over $3.6 million life insurance proceeds of dead Lincoln businessman

The majority of $3.6 million in life insurance proceeds for Aaron Marshbanks – the Lincoln businessman implicated in the largest bank fraud case in Nebraska history – will be divided up among financial institutions he deceived.

By: Erin Bamer

Outlets: Nebraska Examiner

Published: June 17, 2026

Words: 469

Last Updated: 1 month, 1 week ago

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LINCOLN — The majority of $3.6 million in life insurance proceeds for Aaron Marshbanks – the Lincoln businessman implicated in the largest bank fraud case in Nebraska history – will be divided up among financial institutions he was accused of deceiving.

Lancaster County Court Judge Holly Parsley approved a settlement that was agreed to by parties Wednesday morning. The settlement states that Marshbanks’ widow, Jennifer Marshbanks, will receive $975,000, while most of the remaining proceeds …

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