Saturday, February 7, 2015

Woman Charged with Stealing $138k From Vulnerable Adult

A Rochester woman accused of stealing more than $138,000 from an elderly woman has been charged with six counts of felony financial exploitation of a vulnerable adult.

The investigation began Oct. 6, when the woman and her daughter told law enforcement that they had recently discovered the victim's bank accounts were empty. They suspected Kaiser — who had power of attorney to make financial decisions for the woman — had spent the money on herself.

Kaiser had provided the family with a financial statement that purported to show there were still funds in the account; according to the criminal complaint. Authorities were advised by a bank representative that the document was likely fraudulent.

According to the criminal complaint, $61,000 was taken in 2012; more than $51,615 was taken in 2013; and nearly $19,000 was taken through September 2014.

The charges carry a maximum penalty of 10 years in prison, a $20,000 fine, or both.

Full Article and Source:
Woman Charged With Stealing $138,000 From Vulnerable Adult

1 comment:

David said...

I hope the charges stick.