Dartmouth man sentenced for bilking elderly man
August 2, 2012
E-mail
Print
Comments (7)Text size – + 11 0 32E-mail E-mail this article To: Invalid E-mail address Add a personal message:(80 character limit) Your E-mail: Invalid E-mail address
Sending your articleYour article has been sent. BOSTON—A Dartmouth man has been sentenced to more than four years in federal prison for bilking an 84-year-old widower he had befriended out of his entire $750,000 estate.
Richard Souza was sentenced Wednesday in U.S. District Court in Boston to four years and three months in prison and three years of probation.
Authorities say the 47-year-old Souza persuaded the victim to buy real estate and take out an $85,000 loan, which Souza then withdrew from banks in small increments to avoid detection.
According to court documents, the victim's net worth was about $750,000 when he first met Souza in 2004. Four years later, his net worth was virtually zero and he had liabilities of more than $140,000.
Prosecutors say Souza used the money to buy luxury cars and pay a mortgage.
http://www.boston.com/news/local/massachusetts/articles/2012/08/02/dartmouth_man_sentenced_for_bilking_elderly_man/
Monday, August 13, 2012
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Thank you for commenting.
Your comment will be held for approval by the blog owner.