Embezzlement charges filed against Standish funeral home owner
Wed, 16 Apr 2014 21:03:51 GMT —
Embezzlement charges have been filed against the owner of a northern Michigan funeral home by the Attorney General.
Richard Weishuhn, 68, of Standish, allegedly embezzled over $100,000 from his customers' pre-paid funerals.
Weishuhn is the owner of R.O. Savage Funeral Chapel in Standish.
"These criminal charges mark a significant step on the road to securing justice for the elderly clients who trusted their funeral home to honor their pre-paid funeral contracts and fulfill its promises," Attorney General Bill Schuette said. "But instead, [he] allegedly embezzled those funds."
The investigation into R.O. Savage Funeral Chapel in Nov. 2013 when the Michigan Department of Licensing and Regulatory Affairs conducted a routine audit on their records, Schuette's office said.
Schuette's office says the audit found Weishuhn failed to submit the required annual financial reports on the pre-paid funeral contracts from 2006-2012.
The report also allegedly found that 174 pre-paid funeral contracts, valued at $601,438, where not held in escrow as required by law.
Schuette claims the pre-paid contracts were also "co-mingled" with another business account, which is a violation of state law.
After the LARA audit was complete, the Attorney General's Office found Weishuhn's bank statements revealed that he spent $112,33 in earmarked pre-paid funeral founds for personal use in 2012. In the year prior, Weishuhn spent $87,945.
Weishuhn is charged with one count of embezzlement over $100,000 and one count of embezzlement over $50,000 for failing to escrow funeral contract funds.
He turned himself on Wednesday and was released on a $25,000 bond.