Saturday, September 29, 2012

Chester County Man Found Guilty of Bilking Elderly Parents of $500,000


WEST CHESTER, Pa. (CBS) — A Chester County jury has convicted a man on 80 counts of theft and fraud — against his own parents and other family members.

The Davis family had a successful heating oil business.

When parents Boyd and Nelda took ill years ago, their son, Boyd Jr., was granted power of attorney and, through various means, skimmed more than half a million dollars from their bank accounts.

“This is money that he probably would have gotten anyway, when his parents died,” notes Chester County DA Tom Hogan. “It became clear to us that his parents just weren’t dying fast enough for him.”

Full Article and Source:
Chester County Man Found Guilty of Bilking Elderly Parents of $500,000

2 comments:

Anonymous said...

If he did this, I hope he rots in hades.

Thelma said...

It's bad when children do it, but it's worse when fiduciaries ("persons of trust") do it!