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August 12, 2009

Furneral Pre-paid Services Executive Indicted for Fraud (USA)

National Prearranged Services, Inc. Executive Indicted on Multiple Fraud Charges

07 Aug 2009 15

U.S. Department of Justice

Press Release

ST. LOUIS, Aug. 7 DOJ-funeral-fraud

PRNewswire-USNewswire/

Randall Sutton was indicted on mail fraud, wire fraud and money laundering charges involving a ten-year multi-million dollar fraud scheme involving the sale of pre-paid funeral services, Acting U.S. Attorney Michael W. Reap announced today.

Sutton, 63, Chesterfield, Mo., was indicted by a federal grand jury on six felony counts of mail fraud, one felony count of money laundering and two felony counts of wire fraud. He is expected to appear in federal court this morning, in St. Louis.

If convicted, each count of mail and wire fraud carries a maximum penalty of 20 years in prison and/or fines up to $250,000; money laundering carries a maximum penalty of 10 years in prison and/or fines up to $250,000. Restitution is mandatory.

Abridged

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DISCLAIMER

Any Charges Reported on this blog are Merely Accusations and the Defendants are Presumed Innocent Unless and Until Proven Guilty.

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