Upper East Side woman busted for allegedly stealing $340K from mom, 91
NEW YORK DAILY NEWS
Thursday, April 23, 2015, 7:32 AM
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Getty Images/iStockphotoBarbara Schwartz, 62, allegedly started siphoning money from her ailing mom's account in 2010.
Barbara Schwartz, 62, used money she pilfered from her mother's bank accounts for spa treatments, fancy clothes and booze, prosecutors said Wednesday.
Schwartz started helping herself to her mom's money in 2010, about two years after her mom had a stroke and she took control of her finances, court papers say.
The 91-year-old was in court in a wheelchair for her daughter’s arraignment on Tuesday.
“The defendant's mother spent a lifetime acquiring the assets needed to make her final years comfortable and free of the stress of financial worry, only to suffer a stroke and have her daughter allegedly steal the money for her own personal use," Queens District Attorney Richard Brown said.
Investigators found out the daughter had been siphoning the cash from one of her siblings, prosecutors said.
Schwartz, of E. 71st St., was ordered held on $50,000 bail.
Her lawyer, Christopher Wright, said she pleaded not guilty.
She faces up to 15 years behind bars if convicted.
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