by Associated Press Published: February 25,2013
Tags: acquire, acquisition, board, buy, conflict of interest, investigation, land, law, legal, loan, property, purchase, sale, sell, state agncy, sweetheart deal, trust
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 [...] [...]
by Associated Press Published: February 8,2013
Tags: appeal, bench, burial, court, death, denial, funeral, judge, judicial, judiciary, justice, law, legal, pre-need, trust
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 [...] [...]
by Associated Press Published: January 8,2013
Tags: burial, bury, cemetery, court, government, judge, justice, law, misappropriation, pre-need, prison, sentence, state, stealing, steral, trust
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 [...] [...]
by Associated Press Published: January 7,2013
Tags: acquisition, attorney, buy, city, health, health care, hospital, investment, law, lawyer, legal, medical, medicine, municipal, municipality, public health, purchase, sale, sell, trust
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 [...] [...]
by MBJ Staff 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 [...] [...]
by Associated Press Published: June 11,2012
Tags: attorneys, bench, clients, courts, embezzlement, judges, judicial, judiciary, law, lawyers, sentence, sentencing, trust
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 [...] [...]
by Associated Press Published: May 24,2012
Tags: bench, bills, courts, decision, estate, judge, judicial, judiciary, lawmakers, laws, legislation, legislative, legislator, Legislature, trust, will
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 [...] [...]
PRENTISS COUNTY — Prentiss County Chancellor John Hatcher signed an order Tuesday placing Oaklawn Memorial Park of Booneville and Forrest Memorial Park of Corinth under receivership. Both cemeteries are owned and operated by Wayne Hight of Corinth. “Both cemeteries currently have zero dollars in their trust accounts. The Secretary of State’s Office cannot allow a [...] [...]
CORINTH and BOONEVILLE — The Secretary of State signed an order continuing a cease and desist order issued against Forrest Memorial Park of Corinth and Oaklawn Memorial Park of Booneville. Both cemeteries may no longer sell any pre-need goods and services to the public. “With over $100,000 missing from their perpetual care trust accounts, our [...] [...]
TUPELO — Renasant Corporation’s wholly owned subsidiary, Renasant Bank, has entered into a definitive agreement to acquire the Birmingham, Ala.-based trust department of RBC Bank (USA), which services clients in Alabama and Georgia. The acquisition by Renasant will not affect the separate trust operations of RBC Wealth Management in the U.S. or RBC Trust Company [...] [...]
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