FBI uncovers scam on prepaid funerals – be safe go to www.thai888.com

Prepaid Funeral Scam

Fitting End to Multi-State Fraud Scheme

Casket and Flowers

Thai888 Law and funeral service with cremation is a one stop office for writing the Will, complete service, application for court probate, body repatriation, contact family friends embassy police, Australian CEO, English, female staff should you require. Sea burial ashes. Why go anywhere else when you can do all with the one company? 

Scamming nuns. Taking advantage of the mentally disabled. Stealing from the elderly. Just when you think con men couldn’t sink any lower, they do: This time, a group of fraudsters took money from individuals who prepaid their own funerals to ease the financial and emotional burdens on their families.

Recently, a Missouri man and five others were sentenced to federal prison for their role in a Ponzi-like prepaid funeral scheme that victimized some 97,000 customers in more than 16 states. The scheme caused more than $450 million in losses, smaller or non-existent death benefits for families at their most vulnerable, and huge profits that lined the pockets of the defendants.

According to the Federal Trade Commission, millions of Americans enter into contracts to prearrange their funerals and prepay some or all of the expenses involved. Laws in individual states regulate the industry, and various states have laws to help ensure that these advance payments are available when they’re needed. However, protections vary widely from state to state, sometimes providing a window of opportunity for unscrupulous operators.

That’s just what happened with James “Doug” Cassity and his Missouri-based company called National Prearranged Services Inc. (NPS). As early as 1992 and until 2008, Cassity and the other defendants employed by NPS or affiliated life insurance companies devised and ran a scheme to defraud purchasers of prearranged funeral contracts obtained from NPS. Also victimized were funeral homes that did business with NPS, financial institutions that served as trustees of the prearranged trusts established by NPS for their customers, and state insurance guarantee associations.

In general, here’s what NPS told its customers: After discussing what the customer wanted, a price would be agreed upon and payment accepted. NPS would make arrangements with the customer-designated funeral home. In accordance with state law, the funds would be placed with a third party—depending on the state, that third party would be a financial institution that would put the funds into a trust that could be only used for safe investments (like government-backed securities)…or a life insurance company that would put the funds into a life insurance policy in the name of the customer.

Here’s what NPS didn’t tell its customers: The company didn’t put all of the funds from customers into a trust or life insurance policy, but instead brazenly altered application documents—i.e., changing deposit amounts, naming itself as a beneficiary, converting whole life insurance policies to term life—and used the money for unauthorized purposes like risky investments, payments for existing funeral claims, and personal enrichment. In some instances, defendants even removed money previously placed in trusts and life insurance policies. And NPS routinely lied to state regulators about its practices.

And if that wasn’t bad enough, NPS also purchased large blocks of prearranged funeral contracts from funeral homes that had previously entered into their own prearranged funeral contracts with customers, falsely telling these funeral homes that the contracts would be rolled over into life insurance policies.

The complex case—investigated by three federal agencies, a number of state regulatory agencies, and the Department of Justice—began in 2008 when we received information from several state agencies on the shady practices of NPS and one of its affiliated life insurance companies. It ended in November 2013, when six co-conspirators who took advantage of people’s desire to protect their loved ones upon their own deaths were finally brought to justice.

Protect Yourself and Your Loved Ones

Obviously, before you enter into a contract of any kind, make sure you do your due diligence on the other party (get references, check with the Better Business Bureau, etc.).

But here are some additional issues to consider from the Federal Trade Commission before prepaying for funeral goods and services:

  • What are you paying for? Are you buying only merchandise, like a casket and vault, or are you purchasing funeral services as well?
  • What happens to the money you’ve prepaid? States have different requirements for handling funds paid for prearranged funeral services.
  • What happens to the interest income on money that is prepaid and put into a trust account?
  • Are you protected if the firm you dealt with goes out of business?
  • Can you cancel a contract and get a full refund if you change your mind?
  • What happens if you move to a different area or die while away from home? Some prepaid funeral plans can be transferred, but often at an added cost.
  • Be sure to tell your family about the plans you’ve made and where your documents are located.

Jamie Proctor 2018

Jamie Proctor with Kay and Thai888 Law
Jamie Proctor with Kay and Thai888 Law at Dvaree rooftop cocktails

Sad news for us at Thai888 Law Company when a friend passed away in the UK at the age of 54.

Gone to soon.

When Jamie was in Pattaya we always met him down the beach for our Friday pizza and drinks

This is Jamie on one of those nights – with iphone in one hand and a Singa beer in the other

 

Go well Jamie

thai888 law pizza on the beach Jomtien Pattaya

 

Thai888 Law verified

I just found a way to get my wordpress site verified. I thought it was however now we should see more traffic and it will be easier for you to find us.

Primarily a Law office at number 12. There you will find qualified lawyers and para legal staff to assist you in criminal, civil, consumer, company and family law.

If you would like to start a company for whatever reason then contact us. Work permits, registration, FDA, contracts, leases, due diligence – all done in office 12.

Office 10 you will find qualified people to deal with making you last and living Will and Testament. Guiding you through the funeral and repatriation process and Probate where the Will and the Executor is approved by the Thai courts to later repatriate your body, ashes and assets back to your home country.

Thai888 Law has been doing this for many years and were associated with Allison Monkhouse Australia – Sadly Monkhouse is no more and so Thai888 takes this responsibility.

BTW our CEO is an Australian and so there are no language issues. In fact he receives many inquiries from all around the World and works mainly on international probate issues.

If you have never experienced probate then you are fortunate as it can be a very lengthy, frustrating, stressful  event. That is why Thai888 Law has 2 offices creating a one stop office to handle all your needs and issues.

Many times clients make a few calls and we do everything from start to finish, as some relatives are old or sick or to tied up in their work to travel to Thailand. On top of that they don’t know the language and will need our services for law and translation anyway. This is why we have built a solid reputation for dealing with all these issues. A few calls and all is done.

A 5 star rating on Google shows this.

Also a member of the Pattaya City Expats Club and the Pattaya Expats club where you can get special discounts as a club member.kelvin bamfield CEO Thai888 Law Office accepting award for his presentation to the Pattaya Expats Club on death Probate issue

Wills, Probate and Repatriation Thai888 Law Co. Thailand

Wills, Probate and Repatriation by Thai Law requirements video click here

Many people don’t realise the importance of a Last Will and Testimony.

The presentation at the PCEC was for educational purposes and to show some of the issues that arise when mistakes are made.

Contact Thai888 and ask questions Please   PCEC expats club 22 April 2018 presentation on Probate and Wills. what goes right and what goes wrong and how to stop it thai888 law office staff arranged all the legals and funeral rights for mr derek playfor uk citizen

Thai888 Law Probate Q&A at the Pattaya City Expats Club PCEC 2018

the late John Reidy

Some people may not be aware that John has passed away.

Probate will be coming up in a few months and so I will post here details

Thai888 Law Company handled all the legals and the funeral and cremation for John and the family

Go well John and you are missed along with your crazy Irish ways

 

Pattaya Expats Club and Thai888 Law Company

Thai888 Law is grateful to have a link with one of the oldest expats club in Thailand.

Pattaya Expats Club has given us a link here http://pattayaexpatsclub.info/useful-links/member-discounts/

 

Thai888 Law are also offering full funeral and cremation services from one of their two offices in Jomtien. This is one office that can make a Living or Last Will, arrange a full funeral, get docs from embassies, police, morgue and hospitals. Letters of release, next of kin letters to the Embassy, notarisation and translations from the Department of Foreign Affairs, Apostille Docs, International Legalised Docs, repatriation of remains or ashes, apply for a Grant of Probate, Act as your Executor or Surrogate, sell assets in the estates and send money back overseas to the Beneficiaries.

 

This is all arranged and managed by Thai888 Law Company Thailand.

Thai and Australian English speaking staff.

5 star service

Lawrence McLoughlin Probate was granted

Thai888 are the Executors of Lawrie McLoughlin’s Last Will. Please contact us if you have a claim on the estate. Pattaya Thailand

Today in the Pattaya Court number 7 Probate and the right to act as the Executor was granted to Mr Kelvin Bamfield from Thai888 Law Company Pattaya.

Lawrie McLoughlin was on the Board of the Pattaya City Expats Club and passed away in April 2017.

Anyone with a claim against the estate should contact info@thai888.com

Thank  you – update Kelvin Bamfield has now been given a court order to wrap up the estate. This will commence this week 19th Feb 2018

Inheritance Thai888 Law

Well who said fairy tales dont come true.

What a nice happy ending story.

Just as well husband made a Will and so she has secured enough for her and family forever.

 

click on link to read more https://news.lovepattayathailand.com/national/young-thai-american-woman-shocked-billion-dollar-inheritance/?utm_source=Love+Pattaya+Thailand+Newsletter&utm_campaign=1c1400fef7-EMAIL_CAMPAIGN_2017_12_20&utm_medium=email&utm_term=0_209805ba19-1c1400fef7-40788231

 

Jerry Dean Pattaya City Expats Club and Thai888 Law Company

Sad news for another Expat and his passing in Pattaya.

Jerry was a friend and a valuable member of the PCEC Board. Jerry passed quietly in his sleep.

As was urged at the PCEC last Sunday. It was highlighted that Lawrie Mcloughlin (another PCEC member) passed in April 2017 without a Will and this has caused Jerry Dean Obituary thai888 law Pattaya PCEC many issues and delays.

Jerry Dean had a Will and this makes it easier on the ones left behind.

Thai888 Law Company is acting as Executor on both estates, liaises with the Embassies, hospital, police and we do all the funeral arrangements.

Attached is the Obituary for Jerry Dean. Go well matey.

Video of Gerry Dean youtube video of him and Ren https://www.google.co.th/imgres?imgurl=https%3A%2F%2Fi.ytimg.com%2Fvi%2FUu_SnJ1Q4lg%2Fmaxresdefault.jpg&imgrefurl=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DUu_SnJ1Q4lg&docid=HcKBedFGkIrcdM&tbnid=RephKON6lNlSYM%3A&vet=10ahUKEwiPw6HQ3tnYAhVKPrwKHadUAUgQMwg9KAAwAA..i&w=1280&h=720&client=firefox-b&bih=581&biw=1280&q=jerry%20dean%20pcec&ved=0ahUKEwiPw6HQ3tnYAhVKPrwKHadUAUgQMwg9KAAwAA&iact=mrc&uact=8