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Man gets 3 years in cemetery scheme

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A man convicted of scheming to steal as much as $27 million set aside to maintain the graves of people who had paid in advance for their funerals has been sentenced to three years in prison.

Mark Singer was sentenced Wednesday in a Marion County court. A jury convicted him of five counts of theft in December.

Singer advised the owners of Indianapolis-based Ansure Mortuaries, formerly known as Memorial Gardens, as they stole millions of dollars from the company trust fund. The company owned cemeteries in several states.

Singer still faces charges in Tennessee. He is a former officer with investment firm Smith Barney, a former branch of Citigroup Global Markets. New York-based Citigroup Inc. agreed to pay Indiana $717,000 for not properly supervising Singer, the state's Securities Division announced in November.

Singer worked with Robert Nelms, who has also been sentenced to prison time over his involvement in the case.
 

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  1. Yes sir keep cashing those 300K a year checks direct to IMS, while millions disappear from the teams like Rahal's. Guess there wasn't enough ka- ching going around to keep Sarah Fisher in business without their "merger". LOL._____.Meanwhile back in Realville the series with the "best racing in the world" drew what appeared to be about 5000 live spectators ( and probably 1500 of those Target "freebies", and was beaten in the ratings by a series that reportedly consists of "parades" and aired while most people are still sleeping. That will generate those big ka-chings for sure. :-). But, hey, as long as the Speedway gets the cash who gives a damn about the teams?

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