ST. CHARLES COUNTY, MO (KTVI) – A St. Charles County Judge says Pam Hupp can keep the $150,000 in life insurance proceeds signed over by Betsy Faria. Betsy signed over the policy four days before she was found stabbed to death in her Troy, Missouri home.
Betsy’s husband, Russ Faria, was convicted for the murder in 2013 then acquitted in November 2015 after a re-trial allowed evidence of the life insurance proceeds.
Betsy’s daughters, Leah and Mariah Day, sued Hupp for those proceeds, since Pam Hupp told police investigators in a recorded interview that Betsy “wanted her kids to have it.”
In Thursday’s 26-page court ruling, Judge Ted House said, in part, “It is not possible from this limited evidence to determine with any specificity what Betsy’s intent was regarding the insurance proceeds, other than that stated on the beneficiary form.”
House points out that the form doesn’t say “when or what amounts Pamela was supposed to distribute the money to Leah and Mariah. Betsy left it up to Pamela Hupp.” He also pointed out that Pam Hupp could still give the daughters money.
The court found Hupp and her husband, Mark, have co-mingled the funds, but assets would still be available to share with the daughters. The timing of the decision was such a surprise that Betsy’s family and their attorneys didn’t know about it until they received a call from Fox 2.
Fox 2 News will likely hear more from Betsy’s family in the coming days.
In a phone interview, Hupp said it’s not a victory to her and that she feels bad for the girls. Hupp said she doesn’t think they wanted to sue, but were pushed into it by their family.
The judgment also ordered Betsy’s daughters to pay more than $2,500 in attorneys’ fees.
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