A Poland Township man accused of bilking an elderly woman out of nearly $100,000 pleaded no contest to securities fraud Tuesday.
83-year-old
Nicolas Pupino was indicted in December 2019 on charges of securities
fraud and forgery after allegedly telling the woman that her money would
be invested into accounts with a known insurance companies to pay for
future nursing home expenses or to pass on to her beneficiaries.
According
to the release, Pupino added his name to the investment checks after
they were signed by the victim so he could deposit them into his
account.
Pupino
was sentenced to six months of house arrest and paid $55,474.14 during
sentencing, the amount of the theft left to be repaid.
Full Article & Source:
Poland Township man sentenced to house arrest for bilking elderly woman out of $99,000
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