Gary Giordano, Suspect In Robyn Gardner's Disappearance, Tried To Redeem $1.5 Million Insurance Policy: Source (VIDEO)

UPDATE: Suspect Allegedly Tried To Cash In $1.5 Million Insurance Policy On Robyn Gardner
|

SAN JUAN, Puerto Rico (AP/The Huffington Post) — A Maryland man detained in Aruba in the presumed death of his travel partner had an accidental-death insurance policy on her for $1.5 million and sought to claim the money two days after reporting her missing, a person who provided information to the investigation has told The Associated Press.

The details of the policy obtained by Gary V. Giordano before his trip to Aruba may help explain why he has been detained on suspicion of involvement in the death of Robyn Gardner during their short getaway to the Dutch Caribbean island.

The person with knowledge of the policy told the AP that Giordano purchased a $1.5 million American Express Travel Insurance policy shortly before he left for Aruba and that the accidental-death benefit covered only the length of their short trip.

The source told the AP that Giordano called the insurance company on Aug. 4, while the search for Gardner was still going on. He sought to confirm that the documents listing him as the insurance beneficiary had been received and wanted to begin redeeming the policy.

This person also said that records indicate Giordano asked whether any search costs would be covered by the policy.

PHOTOS OF ROBYN GARDNER:

Robyn Gardner, Maryland Woman, Missing in Aruba
Robyn Gardner(01 of19)
Open Image Modal
Robyn Colson-Gardner is missing in Aruba (credit:Facebook)
Robyn Gardner(02 of19)
Open Image Modal
Robyn Colson-Gardner is missing in Aruba (credit:Facebook)
Robyn Gardner(03 of19)
Open Image Modal
Robyn Colson-Gardner is missing in Aruba (credit:Facebook)
Robyn Gardner(04 of19)
Open Image Modal
Robyn Colson-Gardner is missing in Aruba (credit:Facebook)
Robyn Gardner(05 of19)
Open Image Modal
Robyn Colson-Gardner is missing in Aruba (credit:Facebook)
Robyn Gardner(06 of19)
Open Image Modal
A photo of Robyn Gardner, missing in Aruba. (credit:Courtesy of Richard Forester)
Gary V. Giordano(07 of19)
Open Image Modal
In this picture released Thursday Aug. 11, 2011, U.S. citizen Gary V. Giordano, 50, of Gaithersburg, Maryland is shown on an Aruba's police mugshot in Oranjestad, Aruba. Aruba has turned to the FBI for help investigating the disappearance of 35-year-old Robyn Gardner of Maryland, an agency spokesman said Thursday as official doubts grew about the story told by the suspect Gary V. Giordano in the case. (credit:Aruba's Police / AP)
Robyn Gardner(08 of19)
Open Image Modal
A photo of Robyn Gardner, missing in Aruba. (credit:Courtesy of Richard Forester)
Robyn Gardner(09 of19)
Open Image Modal
This undated handout photo, shows Robyn Gardner, 35, of Frederick, Maryland and her boyfriend Richard Forester. The prosecutor's office in Aruba said Gardner has gone missing in the Caribbean island after she went snorkeling with travel partner Gary V. Giordano, 50, who was later detained by the police and is being investigated on suspicion of involvement in her disappearance. Richard Forester was not in Aruba. (credit:Courtesy of Richard Forester)
Robyn Gardner(10 of19)
Open Image Modal
A photo of Robyn Gardner, missing in Aruba, with her boyfriend Richard Forester who was not traveling with her. (credit:Courtesy of Richard Forester)
Robyn Gardner(11 of19)
Open Image Modal
This undated handout photo, released by the Natalee Holloway Resource Center on Tuesday, Aug. 9, 2011, shows Robyn Gardner, 35, of Frederick, Maryland. The prosecutor's office in Aruba says Gardner has gone missing in the Caribbean island after she went snorkeling with travel partner Gary V. Giordano, 50, who was later detained by the police and is being investigated on suspicion of involvement in her disappearance. (credit:Natalee Holloway Resource Center / AP)
Robyn Gardner(12 of19)
Open Image Modal
A photo of Robyn Gardner, missing in Aruba. (credit:Courtesy of Richard Forester)
Robyn Gardner(13 of19)
Open Image Modal
A photo of Robyn Gardner, missing in Aruba. (credit:Facebook)
Robyn Gardner Photos(14 of19)
Open Image Modal
Fiirefighters and police officers conduct a search for Robyn Gardner, 35, of Frederick, Maryland, in a shaft of an old phosphate mine near Baby Beach, in the southern tip of the Caribbean island, Aruba, Friday Aug. 12, 2011. Authorities in Aruba believe Gardner, a missing American tourist, is no longer alive and are seeking to extend a detention order for her travel companion, Gary V. Giordano, as they seek witnesses who will help them build a case against him, a prosecutor on the Dutch Caribbean island said Friday. (credit:Pedro Famous Diaz, AP)
Robyn Gardner Photos(15 of19)
Open Image Modal
A police officer speaks on his two-way radio after a pink shirt and sandals were found while searching for Robyn Gardner, 35, of Frederick, Maryland, in a shaft of an old phosphate mine near Baby Beach, in the southern tip of Aruba, Friday Aug. 12, 2011. Authorities in Aruba believe Gardner, a missing American tourist, is no longer alive and are seeking to extend a detention order for her travel companion, Gary V. Giordano, as they seek witnesses who will help them build a case against him, a prosecutor on the Dutch Caribbean island said Friday. (credit:Dilma Arends Geerman, AP)
Robyn Gardner Photos(16 of19)
Open Image Modal
FBI agents are seen in the driveway of Gary Giordano house after a raid in Gaithersburg Md. on Friday, Aug. 12, 2011. Aruba has turned to the FBI for help investigating the disappearance of 35-year-old Robyn Gardner of Maryland, an agency spokesman said Thursday as official doubts grew about the story told by the suspect in the case. (AP Photo/Jose Luis Magana) (credit:Jose Luis Magana, AP)
Robyn Gardner Photos(17 of19)
Open Image Modal
An FBI agent carries a box in the driveway of Gary Giordano's house after a raid in Gaithersburg Md. on Friday, Aug. 12, 2011. Aruba has turned to the FBI for help investigating the disappearance of 35-year-old Robyn Gardner of Maryland, an agency spokesman said Thursday as official doubts grew about the story told by the suspect in the case. (credit:Jose Luis Magana, AP)
Robyn Gardner Photos(18 of19)
Open Image Modal
FBI agents leave the house of Gary Giordano after a raid in Gaithersburg, Md., on Friday, Aug. 12, 2011. Aruba has turned to the FBI for help investigating the disappearance of 35-year-old Robyn Gardner of Maryland, an agency spokesman said Thursday as official doubts grew about the story told by the suspect in the case. (credit:Jose Luis Magana, AP)
Robyn Gardner Photos(19 of19)
Open Image Modal
The house of Gary Giordano is seeing at Gaithersburg Md. neighborhood on Friday, Aug. 12, 2011. Aruba has turned to the FBI for help investigating the disappearance of 35-year-old Robyn Gardner of Maryland, an agency spokesman said Thursday as official doubts grew about the story told by the suspect in the case. (credit:AP)

The source did not have authorization to publicly release the information and agreed to speak with the AP only on condition of anonymity.

A spokeswoman for American Express, Gail Wasserman, said the company could not comment on any individual policies for privacy reasons.

Aruban Solicitor General Taco Stein, the spokesman for the investigation into Gardner's disappearance, said Wednesday that Giordano had travel insurance but he provided few details, saying investigators were still reviewing financial documents as they tried to determine what happened to the 35-year-old woman from Frederick, Maryland.

Stein said investigators were still studying the policy to determine exactly what it entailed.

"If you travel, you take out insurance. That's not an uncommon thing, to say the least," Stein told the AP. "It all depends on what's in the policy."

Investigators were trying to determine if there was anything unusual or striking about the policy. "If you change the policy around and make it higher or whatever, then it may be of interest to the investigation but we haven't established that yet," he said.

ABC news, citing an unidentified police source, first reported that Giordano had taken out a $1.5 million American Express insurance policy on Gardner and that it was being considered as a possible motive in her disappearance.

Giordano's attorney, Michael Lopez, did not respond to a request to comment on the insurance policy. The attorney has previously said that there is no evidence that Giordano committed any crime and that he should be released.

As investigators focus their attention on the insurance policy, new reports indicate that authorities have also recovered a camera belonging to Giordano that purportedly contains "explicit" images of Gardner.

Stein says the camera was confiscated as part of the investigation into the disappearance of the Maryland woman. Stein declined to specify what was in the photos except that they are "explicit." He said Giordano is partially visible in some of the pictures and that the photos appear to have been taken in Aruba.

A source told People magazine that the images are "beyond pornographic."

"You only see organs," Julia Renfro, editor-in-chief of Aruba Today, told People. "You don't know if she is awake. There are other pictures where she is posing naked."

Giordano, a 50-year-old business owner from Gaithersburg, Maryland, traveled to Aruba with Gardner on July 31 and reported her missing two days later, saying she disappeared while the two were snorkeling.

He initially assisted the search but was detained at the airport as he tried to leave Aruba. Authorities said they had found discrepancies in his story.

Giordano, a twice-divorced father of three sons, has denied any wrongdoing through his attorney.

A judge ruled Monday there is enough evidence to hold him for at least 16 more days on suspicion of involvement in Gardner's presumed death. The woman's body has not been found and Aruban authorities on Thursday were preparing for a new, large-scale search of the island for her remains or other evidence.

The FBI, which searched Giordano's home in an upscale Washington suburb, has been assisting Aruban authorities with the investigation and has put out a missing person poster with three photographs of the 5-foot-4-inch blonde, including one showing a jungle-print design tattoo on her left shoulder. The poster urges anyone with information about Gardner to contact the FBI or the nearest U.S. embassy or consulate.

The exact nature of his relationship with Gardner, who had a boyfriend back home in Maryland, isn't clear but the prosecutor's office has said the couple stayed in a room together at a Marriott hotel in Aruba.

Investigators said they have little information about what the couple did and how they behaved while on the island and have appealed for any witnesses to contact police.

___

Associated Press writer Justin Juozapavicius contributed to this report.

WATCH:

Our 2024 Coverage Needs You

As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.

Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.

to keep our news free for all.

Support HuffPost