Fraudster steals nearly half-million dollars in Elder Abuse case

October 12, 2021– Boston, MA

A Boston woman was convicted of stealing her elderly uncle’s life savings, fraudulently withdrawing over $400,000 from his retirement annuities.  She was responsible for managing his personal finances, but instead transferred funds from his personal checking account to her bank accounts.  Specifically she was convicted of four counts of wire fraud and four counts of aggravated identity theft.  The charge of wire fraud provides for a sentence of up to 20 years in prison, up to three years of supervised release, and a fine of up to $250,000 or twice the gross gain or loss from the offense. The charge of aggravated identity theft provides for a mandatory sentence of two years in prison consecutive to any other sentence imposed, up to one year of supervised release, and a fine of up to $250,000 or twice the gross gain or loss from the offense