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Still Room for Preneed,Prepaid Funeral Fraud-YourFuneralGuy

23 Mar

There is still room for preneed, prepaid, funeral and cemetery fraud around the country. In spite of the Illinois Funeral Directors Association Scandal ($100 million) and National Prearranged Services Scandal(approximately $1 billion) the practice continues on a small scale and a larger scale as well.

The current example comes from Mississippi, were it appears there is a large problem with preneed cemetery fraud.

JACKSON, Miss. — Since Secretary of State Delbert Hosemann took office, his agency has seized five Mississippi cemeteries for mismanaging funds, a scenario that’s playing itself out across the country.

Critics of the pre-paid industry contend that’s because oversight has been poor, and despite states’ efforts to beef up laws, there is still plenty of room for fraud.

Mississippi Secretary of State Delbert Hosemann:

Misapplying trust funds from someone’s funeral arrangements is literally grave robbing,” Hosemann said. “It is unfortunate that we have to go after these companies in court to recoup the money that is missing.”

Anyone taking from folks preened funeral funds including the IFDA and NPS is guilty of Grave Robbing.

Funeral Industry| Funeral News|

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