The funeral fund accused of targeting vulnerable Aboriginal communities - Categories Via RSS |
- News
- Publication Date |
- Jun 15, 2022
- Episode Duration |
- 00:32:30
For 30 years a company called Youpla sold low-value funeral insurance in Aboriginal communities, until it collapsed earlier this year – leaving thousands of people on low incomes unable to pay for funerals. The Australian corporate regulator is now suing the company for misleading conduct, and according to a report to creditors, the company’s liquidator is investigating whether some of its directors may have committed offences under the Corporations Act. Indigenous affairs editor, Lorena Allam, and senior business reporter, Ben Butler, detail how this company operated, and whether Aboriginal families can recover the millions of dollars they paid into this fund