Kitchener man uses power of attorney to defraud elderly mother of life savings - News Summed Up

Kitchener man uses power of attorney to defraud elderly mother of life savings


The man was charged with fraud over $5,000, criminal breach of trust and theft by person holding power of attorney. A Kitchener man has been charged with fraud and theft after allegedly abusing his power of attorney and taking thousands from his elderly mother's bank accounts. Power of attorney allows a third party, often a relative, legal authority over an individual's finances or health care. "A woman had her son steal basically her entire life savings," said Guelph police Const. "Her son was her power of attorney for both personal care and financials and through those means he was able to defraud her of what has turned out to be over $62,000."


Source: CBC News July 04, 2016 18:22 UTC



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