Monday, September 3, 2007

FREEDOM 7 PROGRAM and FREE WILL BAPTIST



Sent: Thursday, September 06, 2007 11:14 AM
To: Hagan, Mike
Subject: Freedom 7

Mr. Hagan:

I received word today that the FREEDOM 7 program is alive and well. The Free Will Baptist organization is promoting it to their congregations nationwide for Fred Damron & Ginger Hagerman. They are especially active in Oklahoma. They still claim that Fidelity & Guaranty is one of the insurance companies issuing policies on their behalf. Is this true?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

No, this is not true. We have never endorsed this concept.

Thank you for the information.

-Mike
____________________________
Michael Hagan, CFE
Forensic Investigator
Old Mutual Financial Network
OM Financial LifetOM Financial Life of New York
Phone: 410.895.0015
FAX: 410.895.0295 Email: mike.hagan@omfn.com



The Freedom 7 program is currently being promoted by the National Free Will Baptist organization. Free Will Baptist leaders have been made aware of these people's past and the fact that they are under investigation, but they continue to allow their members to submit personal information to these individuals.

This program was to have established an Irrevocable Life Insurance Trust (ILIT) for people who they approved. Any policies that were issued to MBA members were canceled due to non-payment. Of course, this begs the question, "why were they gathering all this personal information if they weren't going to pay for the policies"? The State of Oklahoma has issued a CEASE & DESIST order for Guardians For Living, MBA and it's employees. You can get a copy of the order from:

Sherry Standerfer, Legal Assistant
Oklahoma Insurance Department
P. O. Box 53408
Oklahoma City, OK 73152-3408
(405) 521-2748


The life insurance companies who were involved (even though they didn't know it) have opened fraud investigations. It is my understanding that some of the companies have taken steps to drop some of the agents from writing business for their companies.


Guardians For Living/Bancmark Financial
FREEDOM 7 DOCUMENTS


Guardians For Living/My Benefits America
FREEDOM 7 DOCUMENTS

INDEPENDENT ENROLLER AGREEMENT

MY BENEFITS AMERICA INC. “RD” AGREEMENT


Dates and email addresses used to notify the National Free Will Baptist:

To: keith@nafwb.org
Date: 1/12/2007
Subject: FREEDOM 7, GUARDIANS FOR LIVING

To: keith@nafwb.org
Date: 2/10/2007
Subject: FREEDOM 7 - Fidelity & Guaranty INVESTIGATION

To: dari@nafwb.org, melody@nafwb.org, steve@nafwb.org, debbie@nafwb.org, roy@nafwb.org
Date: 2/27/2007
Subject: FREEDOM 7 PROGRAM

To: jpuckett3@cox.net
Date: 1/12/2007
Subject: FREEDOM 7, GUARDIANS FOR LIVING

To: jpuckett3@cox.net
Date: 2/10/2007
Subject: Fidelity & Guaranty Investigation
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