Wednesday, February 19, 2014

California Social Worker Charged With Embezzling $400K From Elderly Whose Finances He Managed

From KTVU on 2/18/14:

A North Bay social worker has been accused of stealing from those who trusted him most, authorities said.

Santa Rosa Police arrested 66-year-old Larry Sark on Monday as they served a search warrant at his home, seizing computers and financial records.

Salk worked with developmentally disabled adults, helping them manage their lives. But investigators say he helped himself to their Social Security funds.

“We believe he lived way beyond his income” Sgt. Phil Brazis told KTVU, “and following the money, we find it to be true.”

Brazis says bank records going back at least five years reveal hundreds of checks, ostensibly allocated for client’s personal and incidental needs, but siphoned to Sark. The amount embezzled allegedly amounts to $400,000.


Read the story here.

An update on the story can be found here:  For at least seven years, embezzlement suspect Larry Gene Sark forged signatures onto the backs of thousands of checks made out to developmentally disabled clients of the North Bay Regional Center. He then deposited them into his personal bank account, according to a Santa Rosa police investigation...

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