Ex-Cemetery Owner Repays $4.2M Stolen From Trusts

June 28, 2010
Advertisement

imageThe Michigan Attorney General’s office says an ex-cemetery owner has repaid $4.2 million in trust funds embezzled from a Grand Rapids cemetery.

The Attorney General’s office said Thursday in a release that Robert Nelms is expected to be sentenced now that the restitution is paid.

Nelms pleaded guilty in September to embezzling the money from Chapel Hill Memorial Gardens. The cemetery was operated by his Indianapolis-based company.

Nelms owned cemeteries in Michigan, Indiana, Iowa and Ohio. He faced similar charges in Indiana and agreed to sell 11 cemeteries to replenish trusts set aside for prepaid funerals and burials.

Advertisement

He has pleaded guilty in Indiana to theft and securities fraud.

The Associated Press left a message Friday seeking comment from Nelms’ attorney, James Thomas.

Source: MLive.com

CDFuneralNews

CDFuneralNews

ConnectingDirectors.com is the leading online daily publication for funeral professionals with a reader base of over 45,000 of the most elite and forward-thinking professionals in the profession. With ConnectingDirectors.com we have created a global community through an online platform allowing funeral professionals to Stay Current. Stay Informed and Stay Elite.
CDFuneralNews
Advertisement

You may be interested

Funeral Cribs Episode 5 – Sunset Memorial Park, Alabama
News
389 views
News
389 views

Funeral Cribs Episode 5 – Sunset Memorial Park, Alabama

CDFuneralNews - January 18, 2018

The Sunset Memorial Park Funeral Home has had one major goal in mind from the time it started until now,…

Blog Archives Decedent’s Final Tweets… And They are Heartbreaking
Humor
368 views
Humor
368 views

Blog Archives Decedent’s Final Tweets… And They are Heartbreaking

Justin Crowe - January 16, 2018

The digital age has created some fascinating unprecedented scenarios concerning legacy. Facebook chronicles our lives, so when my kids are…

5 Ways to Build Your Business
News
166 views
News
166 views

5 Ways to Build Your Business

CDFuneralNews - January 16, 2018

Ask a business in this industry what differentiates them from their competitor and the answer is usually “service.” But to…

Comments