Monday, August 13, 2012

Arizona woman arrested in elderly fraud case

CAMP VERDE, AZ - A Camp Verde woman has been arrested for allegedly defrauding an elderly woman of more than $100,000.

According to the Yavapai County Sheriff's Office, the 90-year-old victim's granddaughter discovered the theft after reviewing her grandmother's bank records.

Authorities say the victim requires 24 hour care and was under the caretaking services of C and R Home Care owned by 37-year-old Rosemary Flores of Camp Verde.

The victim, who lives in Cottonwood, was charged $2,200 each week for 24-hor service involving several caretakers.

Authorities say Flores would offer to fill out the victim's personal check and have her sign the blank check.

Flores would then alter the check to increase the amount before getting the cash equivalent from the bank.

Checks were altered in varying amounts between $3,200 and $12,300.

Before contacting the sheriff's office, the victim's granddaughter had confronted Flores about the excessive cash withdrawals but Flores told her not to worry as the cash outs were necessary for extraordinary expenses.

After an investigation by a patrol deputy, the case was handed over to a detective from the Criminal Investigations Bureau.

Authorities say it was also discovered that Flores had convinced the victim to "put all (her) eggs into one basket" by cashing out her annuities. When she did that she suffered a $32,000 loss due to the early cancellation.

Full Article and Source:
Arizona woman arrested in elderly fraud case

3 comments:

StandUp said...

I hate it that vulnerable people are such easy targets.

Chad said...

One thing, though Stand Up, elder financial abuse is becomming much more well known and talked about, so there is hope.

Chad said...

Airzona is another state like FL. They need to get with it and declare war against financial exploitation of the elderly and disabled, or the word will get out that Arizona isn't a safe place for old people.