TALLAHASSEE, Fla. – Florida CFO Jeff Atwater today announced that William “Bill” Pearson, 64, has been stripped of his insurance license for charging an illegal, unauthorized fee to a deceased veteran’s senior widow and conducting transactions that cost her thousands of dollars in annuity surrender charges. This follows a nearly yearlong appeal by Pearson to the First District Court of Appeals (DCA) that the Department successfully fought.
Each year, Florida's Bureau of Unclaimed Property receives thousands of items from neglected safe deposit boxes in banks around the state and it holds millions of dollars in unclaimed financial assets. The state works all year trying to track down the rightful owners so you can claim what's yours.
As Black Friday and the unofficial start to the holiday shopping season approaches, Chief Financial Officer Jeff Atwater and the Department of Financial Services remind Floridians to make smart spending choices to keep from overspending and to heed warning signs to protect against fraud.