Family: Woman With 5 Dead Husbands Obsessed With Cash, Can't Be Trusted

Jeff Carstensen was spooked when he learned his grandmother planned to buy him a $100,000 life insurance policy — and name herself the beneficiary.

"She told me that people of our stature have insurance policies on each other," he said. "That way, if something happens to you, you take care of me, and if something happens to me, I take care of you. It was all too suspicious. So I got out of there any way I could, as soon as I could."

As he and everyone else who came into Betty Neumar's orbit have learned, he apparently had good reason.