G & M MOTOR CO. v. Thompson

BERRY, Justice.

The question to be decided has not heretofore been decided in Oklahoma. Specifically, may a trial court impress a constructive trust upon proceeds of life insurance policies where a portion of the premiums were paid with wrongfully obtained funds? We hold sound reason and interest of justice require an affirmative answer.

The facts, for the purpose of deciding this question, are simple. A. Wayne Thompson was an accountant for G & M Motor Company [motor company] from January 1, 1968, until his death on August 2, 1970. During this period decedent embezzled $78,-856.45 from motor…