Found Guilty of Bilking More Than $300 K

An elderly woman was bilked of more than $300,000 worth of property, cash, art and jewelry by her daughter and granddaughter, the Monterey County District Attorney's office announced.

Former Carmel residents Christi Schoenbachler, 30, and Lisa MacAdams, 53, were found guilty by Judge Terrance R. Duncan after a trial.

In 2002, the victim, whose identity was not released, was 72 years old when she moved with MacAdams, her daughter, to Monterey County to be near her granddaughter Schoenbachler. The woman had money from the sale of her mobile home, an annuity worth $90,000, furniture, art and jewelry worth up to $200,000. Two years later, it was gone. The court found the daughter and granddaughter, who was part-owner of a Pacific Grove pilates studio, had taken over her finances. When the woman's money ran out, the district attorney's office reported, she was abandoned at a local nursing home.

The women are to be sentenced Jan. 15 and face up to four years, eight months in prison.

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Police Briefs: Kin Guilty of Bilking $300K From Woman