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

Play Video

RHINELANDER - Frederick Place in Rhinelander celebrated a big accomplishment Saturday night.

The homeless shelter has now been open for five years.

While some people thought there were not enough people in need for Frederick Place to be useful, more than 500 people have been helped by Northwoods Alliance for Temporary Housing.

+ Read More

Play Video

EAGLE RIVER - One couple took their love of hockey to a whole new level this weekend.

Kim Riley and Joe Vrtis came to Eagle River to play in the USA Pond Hockey Tournament.

The hockey-loving couple from Chicago thought it would be a great place to do their engagement photos.

+ Read More

Play Video

EAGLE RIVER - Teams from all over the country came to Eagle River this weekend for the USA Pond Hockey Tournament.

One team even made their way from California.

+ Read More

Play Video

WESTON - The state of Wisconsin no longer bans the possession or purchase of switchblades.

Gov. Scott Walker (R-Wis.) signed a bill lifting the decades-long ban on switchblades on Saturday at a 
National Rifle Association and Wisconsin FORCE annual convention in Weston.

Walker said this gives people another option for protection, and it also can help first responders at accidents.

"Say at a crash to take someone out of a harness or seat belt or other things like that," Walker said. "And again, the bottom line is as it is with firearms, the people you are worried about are already possessing these, law abiding citizens should at least have access to that in the state of Wisconsin."

This new law applies only to people who are legally eligible to own a gun.

"The same provisions apply," Walker said. "If someone's prohibited from possessing a firearm, say they're a felon, they are not able to possess a firearm the same way with a knife under the senses. But with a law abiding citizen, it just makes sense that if they're following the law, they're looking to protect themselves and their families, this gives them one more tool to do that as well as first responders."

Under this new bill people can also carry concealed knives of any length without a concealed carry license.

FORCE, or Firearm Owners, Ranges, Clubs and Educators, is an association chartered by the NRA. 

+ Read More

Play Video

TOMAHAWK - Snowshoers will put their skills to the test this weekend at the Treehaven Tromp in Tomahawk.

This is the fifth year Treehaven has hosted the 5K and 10K races.

The races start at 10 a.m. on Saturday.

+ Read More

MANITOWOC - Police in Manitowoc say a man fatally shot at his home was apparently targeted by his assailant.

In a news release Friday, police Capt. Larry Zimney says no one is in custody, but the public is not believed to be in any danger.

+ Read More

Play Video

THREE LAKES - With a half day of classes, students in Three Lakes found plenty to cheer about Friday morning.  But the limited hours and extended weekend weren't the only reasons for excitement.

Twenty-two speakers from nearly two dozen professions presented at the school's fourth career day—the first one held in two years.

"Last year we didn't do it and kids were mad," Principal Gene Welhoefer said.  "So that was a good sign we needed to bring it back."

+ Read More
+ More General News
Search: 




Click Here