Oklahoma
State Senate
Communications Division
State Capitol
Oklahoma City, Oklahoma 73105
For Immediate Release: March 9, 2006
Bill to Protect Elderly and Disabled from Financial
Scams Passes Senate
The State Senate passed a measure today
to protect Oklahoma's elderly and disabled from financial
scams. Senator Ron Justice, R-Chickasha, is the author
of Senate Bill 1793 which makes it a felony to knowingly,
through deception or intimidation, obtain or use the
funds, assets or property of elderly or disabled people.
"I've had a number of people talk
to me over the years, even before I got into the legislature,
about people that have been taken advantage of through
various types of financial scams," said Justice.
"Most people automatically recognize these scams
for what they are, but some seniors and disabled citizens
don't - as we've seen too many times on the news."
SB 1793, which was a request bill from
the Oklahoma State Silver-Haired Legislature, pertains
to all types of solicitations including through the
mail or e-mail as well as telephone and door-to-door
solicitation. The measure would also protect those individuals
in nursing homes.
Justice noted that his bill provides an
opportunity to prosecute scammers. If a person is cheated
out of $100,000 or more in funds, assets or property,
the violator will be guilty of a felony punishable by
imprisonment for no more than 15 years and by a fine
not to exceed $10,000. If the amount is $20,000 or more
but less than $100,000, the violator would face up to
ten years in prison and a fine of up to $5,000. Those
convicted of financial exploitation of less than $20,000
would still be fined up to $5,000, but the prison term
would not exceed seven years.
"Many times people are scammed out
of their entire life savings, and for elderly individuals
that may be all they have to live on," said Justice.
"So hopefully, this measure will pass and we can
stop these horrible people from preying on our most
vulnerable citizens."
SB 1793 now moves to the House of Representatives
for consideration.
For more information contact:
Senator Justice's Office - (405) 521-5537