Thursday, March 7, 2013

Yet Another California Fiduciary Arrested For Elder Financial Abuse

Editor’s note: The new cottage industry of the 21th Century is looting the estates of the disabled, the infirm, the elderly and then 'killing them off' while the 'judicial officials reap the benefits of public employment. Lucius Verenus, Schoolmaster, ProbateSharks.com


Yet Another California Fiduciary Arrested For Elder Financial Abuse

th-2Rod Hormell, a California Certified Senior Estate Planner, Elder Care specialist, located in Thousand Oaks, California, was recently arrested on suspicion of embezzling and laundering money from an 89-year-old client.
In October 2012 the Ventura County Sheriff’s Office received a report alleging that Rod Hormell, 56, had embezzled and laundered money from an 89-year-old client.
The report came from a relative of the client.
Hormell was arrested Feb. 19 at his business in the 900 block of BroadBeck Drive in Newbury Park. Hormell is accused of financial elder abuse and money laundering.
Authorities fear there may be more victims. If you have further information about Hormell, you’re urged to contact Crime Stoppers at (800) 222-TIPS (8477).
Source: Yet Another California Financial Planner Arrested For Elder Financial Abuse And Money Laundering

http://fiduciarywatch.org/yet-another-california-fiduciary-arrested-for-elder-financial-abuse/

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