INV-2005-0283

Auditors found that RAD Trust operated outside state rules and regulations resulting in excessive computer purchases, lack of written contracts, failure to obtain bids and quotes, unnecessary purchases of food and personal items, questionable travel expenses, and a lease that is not economical. They also found that RAD Trust did not file required court reports, inadequately documented disposal of estate assets and co-mingled estate assets with assets of RAD Trust and the Department of Insurance.