Former state Insurance commissioner hit with 2 more indictments

Monday, October 25th 2004, 4:48 pm
By: News On 6

OKLAHOMA CITY (AP) -- Two more multicounty grand jury indictments accusing former Insurance Commissioner Carroll Fisher of felonies were unsealed Monday before a district judge.

One indictment accuses Fisher of bribery. A second indictment accuses him of tax evasion and perjury.

Two of three indictments handed down by the grand jury last week were unsealed by Oklahoma County District Judge Bryan Dixon.

The grand jury had been looking into allegations that after his election in 1998, Fisher accepted a $25,000 check from a company linked to Texas businessman Gene Phillips. Fisher subsequently agreed to allow a Phillips-related company to buy American Reserve Life Insurance Co. in Tulsa.

Fisher was impeached by the state House, but resigned as insurance commissioner in September rather than face a Senate ouster trial. He already faces three felony charges as a result of the grand jury's investigation.