An embattled San Antonio lawyer was indicted Wednesday on charges she looted a substantial inheritance intended for her grandmother.
Michelle Lorenz Valicek, 51, faces up to life in prison if convicted of felony misapplication of fiduciary property.
Valicek's grandmother, a 95-year-old retired ballet instructor diagnosed with dementia, was determined by a probate court in 2006 to be the sole heir to her reclusive nephew's fortune. Robert Bonner had amassed an estimated at $2.38 million by the time he died in 2005.
Valicek became administrator of Margaret Lorenz's inheritance in 2006, but she was removed from the position 2 ½ years later. A probate court report indicated that, at one point, she was spending $25,000 a month of her grandmother's money on items ranging from a baby grand piano to two homes.
The total loss from the inheritance is believed to be in excess of $500,000, said Adriana Biggs, chief of the district attorney's white collar crimes division.
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