Tuesday, July 06, 2010

Man Acting As Trustee For 2 Kids Gets 30 Days For R/E Title Transfer To Himself Followed By Loan Ending In F'closure; Used Cash To Pay Child Support

In Lebanon, Ohio, WLWT-TV Channel 5 reports:
  • A Kettering man was sentenced [] after he was convicted of stealing his children's inheritance money. Scott Andrews was named trustee of the estate left to his two children by his father, with $25,000 in real estate held in trust for each child until they were 25 years old. Prosecutors said the 39-year-old Andrews transferred the property to himself without receiving prior approval from the probate court, refinanced the house and used the money to pay for his own expenses.

  • "Andrews had even used some of the money to pay his child support payments for these two minor children, thereby using the minor children’s own money to pay the child support they were entitled to receive from Andrews," prosecutors said in a statement.

  • Andrews eventually spent all the money and was unable to make the mortgage payment, which caused the home to fall into foreclosure, leaving the children without their inheritance. A judge sentenced Andrews to 30 days in jail and five years of community control and ordered him to pay restitution to the children.

Source: Kettering Man Stole Children's Inheritance (Man Used Stolen Funds To Pay Child Support).