Sunday, January 18, 2009

Couple Accused of Bilking Elderly

A couple has been charged with stealing more than $170,000 from an elderly woman in North Seattle.

Katie and Michael Lambard were charged with six counts of first-degree theft and 27 counts of second-degree theft in King County Superior Court.

The Lambards are accused of exploiting Margaret Martin, an elderly woman living in the Ida Culver House, an assisted-living facility in North Seattle. Katie Lambard worked as Martin's driver.

Katie Lambard also helped Martin sell her home and move into the assisted-living facility. According to court documents, Lambard isolated Martin and convinced her that she had her best interests in mind in order to gain control over her finances.

She persuaded Martin to transfer her accounts, including the $270,000 in proceeds from the sale of her home, into a joint account with the Lambards at Watermark Credit Union, where Michael Lambard was a teller.

An arraignment has been scheduled for Jan. 22.

Full Article and Source:
Shoreline couple accused of bilking elderly woman out of $170,000

More information:
Couple charged with stealing $170,000 from elderly

Couple accused of stealing from elderly woman

3 comments:

Anonymous said...

I'm afraid the victim is headed toward guardianship, unfortunately.

Anonymous said...

Does anyone have a number of how many open cases their are in the US?

Anonymous said...

How low will these financial predators go?

I hope the cowards Katie and Michael Lambard are thrown in prison til they die of old age.

I think it is high time we bring back old time justice that worked.....branding and stoning the guilty is a good beginning.

Or, we could adopt other deterrents from other countries.