Giordano Wants to Cash in $3.5 Million Life Insurance Policy

Giordano was held in an Aruba jail for several months in connection with Garner's death

Monday, Jun 18, 2012  |  Updated 2:33 PM EDT
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Giordano was held in an Aruba jail for several months in connection with the death of Robyn Garner.

Giordano was held in an Aruba jail for several months in connection with the death of Robyn Garner.

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New Pictures from Aruba of Missing Md. Woman

Aruban prosecutors released new photos of Robyn Gardner that they say raise further doubt about Gary Giordano's story that the two were snorkeling when she disappeared.

MD Man Released From Jail In Aruba

Gary Giordano is out of jail in Aruba. But authorities say he's still a suspect in the disappearance of Robyn Gardner.
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The man suspected in the disappearance of a Maryland woman in Aruba now wants to cash in on the insurance policy he took out on her life.

Gary Giordano, 50, is suing American Express for $3.5 million.

In court documents, Giordano says Robyn Gardner is presumed dead and American Express should pay the full death benefit.

American Express says it's too soon. AmEx tells NBC News that  when someone is presumed dead, a claim is not evaluated until 365 days after the incident. It's been a little less than 10 months since Gardner disappeared.

Giordano was held in an Aruba jail from August to November. He was released due to lack of evidence.

This exact policy was one factor that made police suspicious of Giordano in the first place.

“Needless to say, our family is very disappointed that even after all this time, we are no closer to finding out what happened to our Robyn,” Kelly Reed, Gardner’s cousin, said in a statement at the time of Giordano's release.

Giordano says Gardner likely drowned while they were snorkeling.

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