We have an update on the story we brought you last month regarding the arrest of two elderly women on charges of mail fraud...and life insurance fraud...and possibly vehicular homicide.

Yahoo! News reported today that authorities are investingating Helen Golay, 75 and Olga Rutterschmidt, 73, in the scam of yet a third homeless man. If you recall, the women are accused of preying on homeless men by offering them room and board in exchange for signatures—which they used to open up life insurance policies on the men, naming themselves as sole beneficiaries. Police caught on to the scam after two homeless men were killed in hit-and-run accidents...and thought it was more than coincidence that the women were named in both men's insurance policies.

So much for a nice, relaxing retirement. Check out the full update here; we'll post new developments as they come. :)