Martin Schroeder, 62, and Betti Kathryn Schroeder, 60, of Farmington, are both charged with a class B felony of financial exploitation of the elderly.
According to a probable cause statement, on Dec. 30, an officer with the Farmington Police Department received an email and documents from the victims’ son who lives in another state
The email and documents were in reference to his father and mother, who reside in Farmington. The elderly couple and the Schroeders live in the same house and Martin and Betti Schroeder, who are family members, were tasked with caring for the elderly couple.
The man who contacted the police holds general power of attorney for the elderly couple and power of attorney for their health care. In a statement from the reporting party, he expressed concerns for the physical well-being of his parents.
The man said the Schroeders were being paid $4,000 a month to provide daily necessities, health care and constant monitoring of the elderly couple. In the statement, the man indicated he didn’t believe his parents were being monitored 24 hours a day, seven days a week as they should have been.
The man also provided email messages between Betty Schroeder and he discussing his parent’s needs. Being power of attorney, he also found some discrepancies on his parents bank statements. He further stated his father, who has been diagnosed with Alzheimer’s, was made to authorize transactions.
One loan took place on Sept. 1 and $7,500 was drawn from the elderly couple’s bank account. This money was reportedly withdrawn by Betti Schroeder and given to her youngest daughter. Another withdrawal on June 28, in the amount of $10,500 was made. The monies were reported to have been used to purchase a new GMC SUV for Betti Schroeder. (Click to Continue)
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Charged with exploiting elderly
It burns my butt when family does this.
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