Fraud Allegations: Mass Mutual, Brian Grodin, Hugo Tomasio, and Michael Book named

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Sources allege that any insurance policy would need to go through an underwriting process to be vetted by the named company. This is especially true of the multi-million-dollar Premium Finance Policies obtained by the Trust.

In 2020, D. Michael O’Connor was named head of MassMutual Trust Company FSB (MassMutual Trust), which oversees 3,000 trust accounts and nearly $2.8B in assets under management.

O’Connor is not commenting on this matter. He also refuses to confirm or deny the allegation that the company is being investigated for aggressive underwriting in premium finance policies.