Sunday, December 14, 2014

North Carolina Couple Charged With Embezzling $560K In Assets From Elderly Woman In Their Care

From the Citizen-Times on 12/13/2014:

An Asheville couple is behind bars on charges that they embezzled hundreds of thousands in cash and property from an elderly woman in their care.

Candace Fite Ray and Johnathan Michael Ray, both fiduciaries of the victim, were arrested Dec. 12 and charged with the felony exploitation of a disabled or elder adult and the felony embezzlement of more than $100,000.

Candace Ray, 42, tried to obtain the elder’s home by filing a false quitclaim deed on the property, transferring ownership to her husband. The property is valued at approximately $299,625.

Ray is also charged with three felony counts of using the victim’s personal information without consent to open credit card accounts, as well as felony forgery for trying to cash a check worth $261,490.77, one she claimed was written to, and endorsed by, the victim.

Johnathan Ray, 42, is also charged with attempting to steal $261,490.77 belonging to the victim and acting as an accessory to embezzlement.

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Read the whole story here.

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