Former Okla. Agency Employee Charged in Embezzlement Case

July 22, 2005

The Oklahoma Attorney General’s office reported that a former employee of Gore’s Southlake Insurance Agency has been charged with multiple violations of the state’s computer crimes act and embezzlement.

According to Attorney General Drew Edmondson, Sabrina Diane Sands, 27, was charged in Sequoyah County District Court with six counts of violating the Oklahoma Computer Crimes Act and four counts of embezzlement. According to the state’s complaint, Sands profited more than $6,000 from her scheme.

Sands is accused of converting policy holder premium payments to her own personal use. Three of the computer crimes allegations involve incidents where Sands allegedly pocketed the premium payments and then electronically submitted payments to the insurance company by debiting the Southlake account, causing a loss to the agency. The remaining computer crimes allegations involve three incidents where Sands is accused of electronically securing insurance for herself or her husband, and debiting the premium payments from the Southlake account.

The embezzlement counts represent four incidents where Sands allegedly accepted premium payments but never purchased insurance for the policy holders, instead converting the money to her own use.

Investigators from the Oklahoma Insurance Department investigated the case, which will be prosecuted by the attorney general’s Insurance Fraud Unit.

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