A man from San Mateo County recently pled no contest to charges of elder abuse and identity theft after being accused of stealing $184,000 from his elderly brother-in-law.
A judge sentenced the 70-year-old man to more than two years in prison for the crime. According to court documents, the man routinely stole from his 79-year-old brother in law while living with him after losing his job and getting a divorce. The victim, who is also a double amputee, agreed to take him in as long as he helped with household chores and grocery shopping.
However, the victim gave the accused his banking information to help with paying bills, and the offender apparently took some money for himself. The victim’s son received notice from his father’s care facility that he had been missing payments, and it was discovered that more than $184,000 was missing from12 different accounts.
In addition to the man’s prison sentence, he was forced to pay $158,256.89 in restitution to six different financial institutions.
Financial abuse a common problem for the elderly
Although there are certainly many circumstances in which elder abuse is physical or emotional, financial elder abuse is just as common. In most cases, financial elder abuse occurs when a person who has been entrusted with control over the victim’s accounts takes advantage of that role and begins embezzling money.
Children of elderly parents should keep a close eye on their love ones’ accounts and stay in close communication with them to help prevent these issues. If you have reason to believe your parent has been the victim of elder abuse, reach out to a trusted San Diego attorney at Thorsnes Bartolotta McGuire.