There has been another Preneed Funeral Directors Scandal. This time it involves the California Funeral Directors Association.(CDFA) Again we have an instance of the theft(misuse, misappropriation of Preneed Funds.
It is not quite on the scale of the Illinois Funeral Directors Association(IFDA) Preneed Fraud. It does consist of theft and misuse of peoples funeral money. It does involve Preneed, or the money people have prepaid for funerals.
This is just another example of funeral preneed, contributing to additional funeral cost for the consumer.
Snippet from the SanFrncisco Chronicle
A state audit says one of California’s largest prepaid funeral trusts misspent millions of dollars set aside by consumers to pay for cemetery plots, caskets and services.
The Department of Consumer Affairs is ordering more than 300 funeral homes that participate in the California Master Trust to repay at least $6 million. The audit, released this week, says the money was spent improperly on administrative fees, political lobbying, conventions and other activities.
The trust holds about $70 million that has been paid in advance for funeral services by 27,000 consumers.”via www.sfgate.com
Funeral Industry|Funeral News|Funeral Blog by R.Brian Burkhardt-yourfuneralguy
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