IBJNews

Man gets 3 years in cemetery scheme

Back to TopCommentsE-mailPrintBookmark and Share

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.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
thisissue1-092914.jpg 092914

Subscribe to IBJ
ADVERTISEMENT