Martes, Marso 10, 2015

Jury awards $490M in St. Louis funeral scam case

A federal jury in the U.S. District Court for the Eastern District of Missouri has awarded almost $500 million in damages, the St. Louis Business Journal reports. The case centered on a massive $600 million prepaid funeral scheme that defrauded funeral homes and consumers. St. Louis-based National Prearranged Services Inc. promised customers money they paid for prearranged funerals would be held in a trust, and claims were to be funded by the trust. But the defendants in a previous criminal case…

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