The Rhode Island State Police announced that members of the Rhode
Island State Police Financial Crimes Unit arrested Mark Harmon, age 62,
of Pawtucket, on two counts of exploitation of an elder, three counts of
unlawful appropriation, and one count of obtaining money under false
pretenses over $1,500.
On May 2 of last year the Rhode Island State Police Financial Crimes
Unit received a complaint from the Office of the Attorney General, Elder
Abuse Unit regarding Harmon, who allegedly failed to fulfill his power
of attorney fiduciary obligations for two elderly Woonsocket women. The
victims were financially exploited, drained of their assets and left in
significant debt. During his time as power of attorney, Harmon allegedly
liquidated $391,727 of U.S. Savings Bonds, sold a victim’s house,
liquidated an annuity and misappropriated funds, all while frequenting
Twin River Casino with the money. During the investigation, two
additional victims were identified, and similar activity was discovered.
In total, the four elderly victims incurred a combined loss of more
than $600,000.
Harmon was arraigned at Sixth District Court by Judge Isherwood and released on $10,000 personal recognizance. Isherwood also issued no contact orders for the victims. Harmon's next court appearance is scheduled at Providence Sixth District Court on Nov. 23.
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State Police charge man in elder exploitation case
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