Loading
Search
NEWS STORIES

Busted Pre-Paid Funeral Fund Receiver Says There Was WrongdoingSubmitted: 02/16/2013
Story By Associated Press

MADISON - Last fall we learned a state pre-paid funeral organization's trust fund was missing millions of dollars. Now the court-appointed receiver of the Wisconsin Funeral Trust says there was substantial wrongdoing in operating the plan.

State investigators say the trust was mismanaged to the toll of millions of dollars for people who paid for funerals in advance.

John Wirth says there will likely be litigation to recover lost assets.

Wirth's office has issued 39 subpoenas and reviewed more than 100,000 pages of emails and documents.

He says there were several hundred people who had investments and have died since the problems were exposed. They have, for the most part, had their funerals covered.

But, the funeral homes are getting about 60 cents on the dollar in reimbursement.




Text Size: + Increase | Decrease -
| Print Story | Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS

GERMANTOWN - Officials say three people were burned when gasoline was thrown onto a burning fire pit in Germantown, causing an explosion.

+ Read More
Trump set to visit Waukesha Submitted: 09/24/2016

MADISON - Republican presidential hopeful Donald Trump is set to visit Wisconsin again.

+ Read More

Play Video

EAGLE RIVER - Seven veterans from across the country landed in Wisconsin on Friday for the second annual Eagle River Muskie CHal-Lunge.

+ Read More

Play Video

MINOCQUA - The 52nd year of Beef-a-Rama has come and gone.

One Beef-a-Rama roaster has participated in Minocqua's iconic event every year since its inception.

That's Bill Ross, owner of Ross Sportswear and Ross' Plus. He says he and his family change up the recipe up a bit from year to year.

+ Read More

BURLINGTON, WASHINGTON - The latest on a fatal shooting at a mall in Washington state:

8:36 a.m.

A gunman who fatally shot five people at a Washington state mall remained at large as authorities said the motive for the slaying was unknown, but there was no indication the shootings were a terrorist act.

+ Read More

MINOCQUA - A crash in the Town of Minocqua left one person dead Thursday night.

Minocqua officers tell us it happened just before 7 p.m. on Highway 70, a quarter-mile east of the Price County line.

+ Read More

Play Video

EAGLE RIVER - Gavin Hoffman thinks he's pretty good at kickball.

"Yeah, I scored, like, three runs today," the 11-year-old said nonchalantly Friday morning.

But he knows winning isn't everything.

"Obviously we want to win, but it's not so bad if we don't win," Hoffman said.

+ Read More
+ More General News
Search: 




Click Here