The Smith County couple who knowingly sold faulty fire alarms to daycares and other commercial businesses across the state will spend time behind bars.
Daniel and Sherri Finnegan, the owners of Finnegan Fire Safety Equipment, entered guilty pleas on Tuesday in connection with the fraud scheme. Daniel Finnegan will spend seven years in prison, while his spouse will be locked up for one year. Officials report that the plea agreements encompass charges filed in both Rankin and Madison counties, where 12 charges have been filed against each defendant stemming from six different cases.
The Finnegans were arrested in Aug. 2024 for selling and installing used fire suppression systems that did not work and were not tested before being placed into service, putting people at risk in the event of fire. The Mississippi Insurance Department reported that the couple targeted minority-owned businesses and owners who had a language barrier.
Originally, the duo was charged with 41 counts each of false pretense, along with 37 counts each of violations of the Mississippi Fire Prevention Code. Despite the pleas entered in Rankin and Madison Counties, the defendants still face an additional 31 fire prevention code violations and 37 false pretense charges that remain pending in 11 other counties.
“The investigation showed that more than $343,000 was paid directly to the couple by confirmed victims. It is important to note that this figure does not represent the full financial impact, as some financial documentation could not be obtained,” a statement from the Mississippi Insurance Department reads. “Furthermore, many victims incurred substantial additional costs to correct and remediate deficient installations and to bring fire protection systems into compliance.”
Restitution ordered for Daniel Finnegan totals $67,853.95, while Sherri Finnegan has to pay out $20,000.
