Dubbo elder Maxwell Wiseman thought he was protecting his family when he took out funeral insurance. Instead, he lost thousands of dollars to a company accused of targeting vulnerable people.
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The federal government set up a replacement fund to cover money owed to former clients of Youpla, but it expires at the end of November, which will leave tens of thousands of people empty-handed. "The numbers are still being assessed, but from our initial calculations we have found at the very least 30,000 have been impacted by this," Mr Holden said.Ms Edwards, who works for Financial Counselling Australia, said many Aboriginal families feared being a financial burden on their families after their death.
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