• Latest Wisconsin News
Bargaining over health benefits narrowed
Bargaining over benefits narrowed

Public safety workers could collectively bargain over their …

Selling of state property given green light
Selling of state property OKed

The Legislature's Republican-controlled budget committee has …

Budget panel votes to clamp down on retirees
Panel votes to clamp down on retirees

Government employees would have to stay off the public payroll …

Budget committee approves $50 tobacco use fee
Committee OKs $50 tobacco use fee

State workers who smoke would have to pay $50 more per month …

Construction to stop for Memorial Day weekend
Construction to stop for Memorial Day

To make Memorial Day weekend travel easier, the Wisconsin …

Advertisement

Receiver details 'wrongdoing' in funeral plan

Updated: Saturday, 16 Feb 2013, 6:53 PM CST
Published : Saturday, 16 Feb 2013, 6:53 PM CST

MADISON, Wis. (AP) - The court-appointed receiver of the Wisconsin Funeral Trust says there was substantial wrongdoing in operating the prepaid funeral plan.
    
John Wirth noted that in a status report to Dane County Circuit Court about the trust, which state investigators say was mismanaged to the toll of millions of dollars for people who paid for funerals in advance.
    
Wirth wrote litigation will likely occur to recover lost assets.
    
The Wisconsin State Journal reports Wirth's office has issued 39 subpoenas and reviewed more than 100,000 pages of emails and documents. He wrote the "several hundred" people who held investments and have died since the problems were exposed have, for the most part, had their funerals covered.
    
However, the funeral homes are getting about 60 cents on the dollar in reimbursement.
 

  • Send Your Comments Privately to FOX 11

Comment to FOX 11 News

Don't have a Facebook account? Or don't want to share something publicly? Contact us here.

Report a comment

See a comment that should be moderated? Fill out the form here and tell us why.

Advertisement
  • FOX 11 Photo Galleries

Photos: Sifting through battered Okla.

Photos of damage caused by the tornado that ripped through suburban Oklahoma …

Advertisement

Advertisement