By Jim Dooley | Hawaii Reporter
HONOLULU — Former Hawaii Gov. John Waihee III and three associates plan to pay $1.3 million to settle claims by the Attorney General’s Office that they diverted some $30 million illegally from funeral and burial plans sold to thousands of Hawaii residents.
The lawsuit was one of many filed after the 2004 financial collapse of funeral homes and cemeteries, owned by the RightStar group of companies.
Waihee and fellow trustees, who oversaw RightStar’s customer trust accounts, consistently denied wrongdoing and agreed to settle the claims to put an end to eight years of litigation.