Man Charged With Abusing POA, Looting $122K From Elderly Mom's Bank Accounts; 82-Year Old Woman Left With Big Nursing Bill & No Funds To Pay For Care

In Daytona Beach, Florida, the Daytona Beach News Journal reports:

• A man who had power of attorney over his mother's affairs faces a felony exploitation charge after police said he emptied her bank accounts of $122,722. William Frank Kunselman Jr., 62, was arrested [...] on a charge of exploitation of the elderly. Daytona Beach detectives said Kunselman's 82-year-old mother, whose name was not provided, has lived at the Good Samaritan nursing home since 2006. She was relying on an income of $39,600 from her Social Security and investments.

• Police said she had no idea her bills were not being paid at the nursing home, and she now owes $69,000. Kunselman, who wrote dozens of checks to himself from his mother's account, told detectives he has no money to pay for his mother's care.

Source: Man accused of emptying mother's accounts. FinancialAbuseOfElderlyAlpha