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Elder Abuse

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NJ Financial Advisor Who Sold $3.65M Deal To Elderly Clients Has License Revoked: AG NJ Financial Advisor Who Sold $3.65M Deal To Elderly Clients Has License Revoked: AG
NJ Financial Advisor Who Sold $3.65M Deal To Elderly Clients Has License Revoked: AG State officials have revoked the licese of a Bergen County financial advisor and broker after it came to light that he sold a pair of elderly clients a total of $3.65 million in a move that New Jersey Attorney General Matthew Platkin said was not in the best interest of the clients. Carlos Leston, who also goes by Jose Carlos Leston, of Maywood, made the sale in securities in a New York Lending company without disclosing that the CEO of the corporation was a friend of his who had been barred from the securities industry, Platkin said. Leston also failed to disclose that he had a r…

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by Cecilia Levine
Police & Fire
ELDER ABUSE: Financial Advisor Swiped $75K, Neglected 90-Year-Old Woman In His Care: NJ AG ELDER ABUSE: Financial Advisor Swiped $75K, Neglected 90-Year-Old Woman In His Care: NJ AG
Elder Abuse: Financial Advisor Swiped $75K, Neglected 90-Year-Old Woman In His Care: NJ AG A financial advisor from Verona abused his authority over a 90-year-old client's finances, stealing $75,000 while neglecting her care and well-being and letting her bills pile up, state authorities charged. John Boston, 47, tried to hide his hiring to manage the woman's affairs and assets, they said. He never told his employer and ignored a federal Financial Industry Regulatory Authority requirement to register the victim as a client, New Jersey Attorney General Matthew Platkin said in a joint announcement with Interim Insurance Fraud Prosecutor Al Garcia. After obtaining durable fin…

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by Jerry DeMarco
Police & Fire
Jersey Shore Advisor Who Swindled Mentally Impaired Elderly Siblings Gets 3½ Years In Fed Pen Jersey Shore Advisor Who Swindled Mentally Impaired Elderly Siblings Gets 3½ Years In Fed Pen
Jersey Shore Advisor Who Swindled Mentally Impaired Elderly Siblings Gets 3½ Years In Fed Pen UPDATE: A former investment advisor from the Jersey Shore who admitted swindling elderly and impaired clients out of more than $625,000 to partly fund a gambling habit was sentenced to a plea-bargained 3½ years in federal prison this week. Mario E. Rivero Jr., 39, of Red Bank, must serve out the entire term because there's no parole in the federal prison system. Rivero, a former Wells Fargo agent and investment adviser representative who had an office in Elizabeth, convinced five clients to transfer investment funds to their personal bank accounts, federal authorities charged. Many of his …

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by Jerry DeMarco
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Granddaughter Charged In Horrific Elder Abuse Case Wants 'Prayers For Family' Granddaughter Charged In Horrific Elder Abuse Case Wants 'Prayers For Family'
Granddaughter Charged In Horrific Elder Abuse Case Wants 'Prayers For Family' Two siblings and their mother arrested in a horrific case of elder abuse in Pennsylvania are accused of neglecting a 76-year-old woman in their care for years. Lori Giacomelli, 56, of Forward Township (Allegheny County) and her children Rachael, 24, and Nicholas, 20, were each charged with two counts of neglect of a care-dependent person. The eldest Giacomelli is the victim's ex-daughter-in-law, according to WPXI. “She may have only taken two showers in the last 12 years,” officer Zlatan Avdic told the outlet. Rachael Giacomelli on Facebook Dec. 22 asked for "prayers for her family," spark…

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by Cecilia Levine
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Feds: Essex Woman, Accomplices Scam Seniors Out Of $675,000 In Bogus Lottery Scheme Feds: Essex Woman, Accomplices Scam Seniors Out Of $675,000 In Bogus Lottery Scheme
Feds: Essex Woman, Accomplices Scam Seniors Out Of $675,000 In Bogus Lottery Scheme Several elderly victims lost at least $675,000 to a crew of scammers who told them that they’d won the lottery, federal authorities said. The vulnerable victims “received telephone calls alerting them that they had won large sums of money and various other prizes,” U.S. Attorney Craig Carpenito said Monday. “The victims were informed that they would have to pay taxes on these winnings.” The victims, in turn, sent $675,000 in checks to Shanile Lyle, 27, of Orange, and a group of conspirators, he said. “Lyle deposited these funds into back accounts she controlled and transferred portions of …

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by Jerry DeMarco
News
Authorities: Elderly NJ Woman Lived In Squalor As Aide, Daughters Spent $280K Of Her Money Authorities: Elderly NJ Woman Lived In Squalor As Aide, Daughters Spent $280K Of Her Money
Authorities: Elderly NJ Woman Lived In Squalor As Aide, Daughters Spent $280K Of Her Money A 91-year-old Union County woman living in squalor had more than $280,000 stolen from her by her home health aide and her two daughters, authorities said Monday. Denise Letren, 64, of Union Township is charged with second-degree theft, second-degree theft by deception, and third-degree neglect of an elderly person for whom she had a responsibility to care, while 30-year-old Carmen Letren of Newark and 32-year-old Danielle Letren of Lake Hopatcong are each charged with third-degree theft, acting Union County Prosecutor Lyndsay V. Ruotolo said Monday. The 91-year-old victim realized she …

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by Cecilia Levine
Police & Fire
Caretaker Accused Of Neglecting, Siphoning $90K From Union County Woman, 90 Caretaker Accused Of Neglecting, Siphoning $90K From Union County Woman, 90
Caretaker Accused Of Neglecting, Siphoning $90K From Union County Woman, 90 A caretaker is accused of neglecting and stealing nearly $90,000 from an elderly Union County woman over the course of four years, authorities said Thursday. The 90-year-old victim had been living rent-free in her home on the 400 block of North Avenue in Fanwood when Castor A. Toro, 52, began opening credit cards in her name without her knowledge or consent,  Acting Union County Prosecutor Lyndsay V. Ruotolo said. Toro used the cards for personal expenses, wrote himself checks from the woman's bank account, and tricked her into writing him checks -- claiming they were for investme…

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by Cecilia Levine
Police & Fire
Caldwell Woman Accused Of Stealing $20K From Nursing Home Resident Caldwell Woman Accused Of Stealing $20K From Nursing Home Resident
Caldwell Woman Accused Of Stealing $20K From Nursing Home Resident A woman from Caldwell is among a group of people indicted in a crackdown on fraud and abuse of the elderly and disabled living in care facilities, the state Office of the Insurance Fraud Prosecutor announced Monday.  Karissa-Anne Frannicola, 29 was charged with theft by failure to make disposition of property received and misapplication of entrusted property for thefts that allegedly occurred between April and August of 2017.  Frannicola had power of attorney over the elderly woman, who lived in a nursing home. The thefts totalled $20,530, authorities said.  Also charged wer…

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by Paul Milo