Wednesday, November 19, 2014

Michigan Woman Arrested For Allegedly Embezzling $100K From "Vulnerable Adult"

From on 11.19.2014:

Detectives with the Escanaba Department of Public Safety arrested a 37-year-old Escanaba woman for embezzlement from a vulnerable adult of $100,000 or more.

According to the Escanaba Department of Public Safety, the arrest stems from a several month long investigation into missing funds of a vulnerable adult residing at the D.J. Jacobetti Home for Veterans. The suspect, who was aware of the investigation, turned herself in peaceably after being notified of the formal charges authorized by the Delta County Prosecutor's Office.

An embezzlement of this nature is a crime committed against an elder or otherwise vulnerable adult who is unable to protect him or herself due to mental impairment or advanced age. The felony carries a maximum penalty of 20 years in prison and/or $50,000 or three times the value of the money or property involved, whichever is greater. This arrest comes on the back of a noticeable upwards swing in financial exploitation complaints involving elder and vulnerable victims.

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