Posts Tagged ‘trust’

Attorney pleads guilty to defrauding two banks, court

BILOXI — A Coast attorney has pleaded guilty covering up evidence connected to a scheme to defraud two banks and the U.S. Bankruptcy Court. The government says in a news release that it is seeking restitution on behalf of the victims in the amount of $7.7 million. Stephen Richard Colson entered the plea in U.S. […] [...]

Trial postponed in Aldridge family dispute

TUPELO — The case against state Rep. Brian Aldridge and his parents for allegedly taking property from a relative and converting it to their personal use has been delayed in Lee County Circuit Court. The Northeast Mississippi Daily Journal reports they were scheduled to go to trial Monday. It was delayed after defense attorney T.K. […] [...]

Cemetery out of receivership, gets new owner

BOONEVILLE — Oaklawn Memorial Park in Booneville has a new owner. Secretary of State Delbert Hosemann announced the sale to Jeff Rencher of Corinth. “When our agency was first named as receiver of Oaklawn, the books, records and finances of this cemetery were in shambles,” said Hosemann.  “Our staff has worked diligently to piece this […] [...]

Ex-DMR board member asked Trust to buy land from boss’ son

BILOXI — The head of the Land Trust for the Mississippi Coastal Plain says a board member employed by the state Department of Marine Resources asked the trust if it would buy land from her boss’ son, if the department provided some money. The proposal came from Tina Shumate, who resigned early in February as […] [...]

Supreme Court will not hear funeral services case

OXFORD — The Mississippi Supreme Court has declined to hear more appeals in a pre-need funeral services contracts dispute between two Oxford funeral homes. The Supreme Court ruled last fall there was nothing improper about pre-need funeral services contracts written by Waller Funeral Home that forbid their transfer to another provider. The court denied motions […] [...]

Cemetery owner gets four years for mishandling trusts

BOONEVILLE — Cemetery owner Wayne Hight of Booneville has been sentenced to serve four years in prison for failing to properly fund pre-need burial trusts. Assistant District Attorney Richard Bowen tells The Daily Corinthian reports Hight also was ordered to pay restitution of more than $500,000. Bowen said Hight, 74, pleaded guilty Friday in Alcorn […] [...]

Attorney reports city’s investment showing returns

OXFORD — The $30-million investment that the city of Oxford made with money from the sale of a hospital in 2011 is paying off. Attorney Robert Paine with the Oxford Municipal Reserve and Trust Fund Committee reported the market value of the trust fund assets was over $31. 2 million. That is a gain of […] [...]

Cemetery owner indicted; accused of mishandling pre-need funds

by Published: November 19,2012

Tags: cemetery, death, dying, funeral, government, indict, indictment, law, pre-need, state, trust

TUPELO — Cemetery owner Wayne Hight of Corinth has been indicted, according to a news release from Lee County District Attorney Trent Kelly and Secretary of State Delbert Hosemann. Hight has been indicted for failing to fund at least 85 percent of funds received for funeral services and merchandise as required by state law and […] [...]

Ex-attorney faces up to 60 years in prison for embezzlement

RIDGELAND — Sentencing is scheduled for a Ridgeland attorney who has admitted to swindling hundreds of thousands of dollars from his former clients. Attorney Vann Leonard who practiced law out of Ridgeland faces 60 years behind bars and a $750,000 fine. Leonard has pleaded guilty to three counts of embezzlement. He’s admitted to misleading two […] [...]

Judge orders Rep. Aldridge to pay more than $200K to aunt

TUPELO — A state judge yesterday ordered Rep. Brian Aldridge to pay more than $200,000 to his aunt, whose estate was plundered by his father who held her power of attorney and ultimately wiped it out. The Northeast Mississippi Daily Journal reports Chancellor Michael Malski ordered Aldridge to pay Florence Aldridge $218,355. Malski said that […] [...]

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