Thursday, June 23, 2011
by John Doak, Commissioner
Oklahoma Insurance Department
Though the dollar figures involved are not in the millions, the broken trust can leave a victim emotionally bankrupt: Anti-fraud investigators in my department recently investigated a former Oklahoma funeral director for misusing nearly $10,000 in prepaid funeral funds from the accounts of two couples and one other individual.
The case against the defendant will play out in court, so I will not attempt to lay it out here. But I do want the charges filed in Creek and Okfuskee counties to serve notice to businesses and consumers alike – the Oklahoma Insurance Department is standing watch over prepaid funeral trusts.
Read the full article at the Tulsa Beacon