Carel Callahan Bainum pictured with Vartan Baligiham
Calling the case “a troubling scenario of money, deceit and financial abuse of an elderly person,” the state Supreme Court has refused to disturb a lower court decision that blocks a Warwick woman from doing much of anything with her assets until a civil fraud trial is held.
The restraining order was issued by Superior Court Judge Jeffrey A. Lanphear in May 2008, two months before Vartan Baligian died at age 98. It prohibits his “friend” Carel Callahan Bainum from transferring, selling, concealing, disposing of or encumbering any real estate, cash, bank accounts, mortgage proceeds, bonds, personal property or other items of value — other than to pay her “normal and usual personal living expenses” — until the lawsuit against her is resolved.
At issue is repayment of the remainder of a $120,000 loan Baligian made to Bainum in 2002.
Baligian’s daughter, Sona Stevens, of West Warwick, claims her father was a victim of elder financial exploitation.
Bainum, 61, denies those allegations. In a court filing, she asserts that it was Baligian’s idea to loan her money so he could make higher interest and “sustain his home and pay his monthly expenses.”
Full Article and Source:
Honest Deal or an Elderly Man Exploited?
6 comments:
I go both way on these type of stories and wish we had the full details.
She could be a predator.
On the other hand, if she made him happy, well that's ok.
I wonder if the daughter didn't like Carel Callahan Bainum from the get-go or if that dislike came because of past experience.
It looks more like fraud than an honest deal.
She's well known in RI. It's fraud.
She's my aunt and she is a predator she bilked my Mom,her sister out of 30K from my grandmothers house (actually me and my sister) Mom died on Feb 22nd 2012 a Wed.nite at 8:00 and by 6:00 the next day she was in a lawyers office filing bankrupcy ??? Then sold a property 3 weeks ago in Oakland Beach Warwick for $40K according to The Prov. Journal Real Estate Think I may have found some hidden assets and know that she violated a Supreme Court Order prohibiting her from transactions impersonating someone else and buying back her property at a tax auction for cash that she wasn't supposed to have as well as stacks of $100 bills on her table Public Record and a Mass. licence plate on the car she pretended to drive would link her to the woman as she sat inside the house during the auction if anyone is really interested there's about 1200 pics of her disguised, potential victims,properties,living conditions,and vehicles. would be wonderful to find someone that it's worth something to since she screwed me and my sis think I'm going to talk to the city solicitor about fraud and willing to testify or provide affidavit I'll check back for any interest even tho this blog is 3 years old Ya never know Any good lawyers read this ????
Please email me asap she is at it again with my uncle..kattys_mom@hotmail.com
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