Ex-IFDA President-Illinois Funeral Directors Burr Oak Victims-YourFuneralGuy

Charles Childs ia an ex-IFDA President involved in the IFDA Preneed Trust Ponzi Scheme

Ex-IFDA President Charles Childs spoke to Governor Quinn’s Task Force yesterday.  He stated that funeral directors in Illinois are victims of the Burr oak cemetery. Complaining that they he has to spend extra time and resources to help his clients is not becoming, if not unprofessional for a Funeral Director.  Plus, the State has requested records.

In fact Child’s and other Funeral Directors have been served with an “Order Compelling Production of Books and Records.” from the Illinois Department of Financial and Professional Regulation. All contact with Burr oak cemetery must be reported from 2004 t0 2009.

Snippet from the Chicago Tribune:

“To this date, that’s basically all we’ve been doing is trying to find records for families who are unfortunate victims in this,” Childs said. “We ourselves are victims.”

Charles Childs Jr of A.A. Rayner & Sons Modern Funeral Service transferred 2 million $$ out of the IFDA Preneed Trust Fund to Management.

Charles Childs  Jr,is a defendant in multiple lawsuits in the Illinois Funeral Directors Preneed Ponzi Scheme. There is also a federal criminal investigation into him and other Ex-IFDA Presidents. How can his testimony be credible  before the Cemetery Oversight Task Force?

“Under Child’s watch 2 million dollars was transferred from the IFDA Preneed Trust to IFDA Services  for management fees according to the State Journal Register newspaper in Springfield, Illinois.” $250,000.oo was also transfered to the Museum under his watch from 2006 to 2007. From the SJR: Article:

“According to an IFDA-commissioned audit, the foundation that ran the museum received at least $250,000 annually in 2006 and 2007 from the association, which got more than $2 million each of those years from management fees generated by the trust fund.”

Charles Childs was president of the IFDA from  2006 to 2007.
The grief and hurt caused by the Burr oak cemetery scandal is beyond comprehension. This is a horrific tragedy.

Ex- IFDA President Charles Childs Jr, defends loans out of trust fund.

Charles Childs Jr Illinois Funeral Regulator at heart of IFDA Ponzi Scheme

Funeral Industry|Funeral Blog by Your Funeral  Guy

ILLINOIS FUNERAL MESS GROWS-yourfuneralguy.

The Illinois FUNERAL SCANDAL MESS has grown and become quite complicated.

The whole FUNERAL MESS in Illinois is driving up Funeral costs in the State of Illinois. It seems like every week now a new Action is filed against somebody. It seems that Funeral Directors, the regulators, and the Illinois Funeral Directors Association are all trying to gain and maintain  control the funeral preneed  money. THIS IS A NO WIN SCENARIO FOR ALL INCLUDING THE ILLINOIS FUNERAL CONSUMER.

1. Payment for  public aide funerals will be stopped from the Department of Health and Human Services. These are medicaid funeral payments for indigent funerals.  The State will no longer  cover public aide funerals FOR THE POOR  in Illinois because of budget concerns. These payments may be restored later.

2. The six funeral director was amended on June 12th. MOST OF THE IFDA DEFENDANDTS REMAIN THE SAME. New defendants are added. The plaintiffs are shaking down the IFDA,  THE COMPTROLLER OF THE STATE OF IL, MERRILL LYNCH and other insurance companies for their  for their losses.

3. IFDA SERVICES  has filed an action against the Comptroller of The State of Illinois as of June 16th 2009. This in itself  could require a new BLOG.

I received this E-Mail From Duane Marsh, The executive director of the Illinois Funeral Directors Association explaining three things mentioned above  that are raising the costs of funeral directors in the TROUBLED  FUNERAL STATE OF ILLINOIS

IFDA E-News Bulletin
Jun 17, 2009

In this issue, you’ll read:
Executive Director’s Message

Executive Director’s Message

Dear Member,

1.Each of our funeral home members received a letter from the Department of Human Services this week notifying you, “that Funeral and Burial payments for the 2010 fiscal year will be pushed to fiscal year 2011. Assuming an appropriation for 2011, we expect payments to resume in July, 2010.”

The Illinois Funeral Directors Association misappropiated or took nearly 100 million of the good folks Funeral money in the State of Illinois

I have written a letter to the Department asking them to provide me with the “criteria and process” that was used to come to this determination. I also asked for an explanation as to why there is a 100 percent reduction rather than the 50 percent called for in the “50-percent budget.”

Governor Quinn is working with the Legislature to find additional revenue to restore the reductions. The Governor is pressing for an income tax increase to provide the revenue needed to restore the funding.

I will keep you posted as to what I learn.

2.The derivative lawsuit plaintiffs have filed an amended complaint centering on the insurance policies and the role of regulators. It is a 109-page document and our legal counsel is reviewing its contents to determine what response it warrants.

3.Yesterday, IFDA Services, Inc. filed an action against the Comptroller’s Office challenging their finding on excess fees. As this case unfolds, data and information will be provided that will outline concerns…….

Sincerely,

Duane Marsh

FUNERAL INDUSTRY | FUNERAL BLOG by Your Funeral Guy.