Tuesday, September 29, 2015

Cops: Suspect Abused POA To Rip Off Elderly Man, Causing Victim's Home To Be Foreclosed, All His Bank Accounts To Be Overdrawn

From the Calcasieu Parish, Louisiana Sheriff’s Office:
  • On September 24 the Calcasieu Parish Sheriff’s Office received a complaint regarding Mark A. Eldridge, 42, Lake Charles, misappropriating the funds of an elderly man, whom he was the power of attorney for.

    During the investigation, detectives learned that Eldridge was in charge of paying the victim’s bills, but between January 2013 – June 2015, Eldridge was misusing the victim’s monthly retirement income of approximately $4,000, causing his home to be foreclosed and all of his bank accounts overdrawn.

    Eldridge, who was already incarcerated at the Calcasieu Correctional Center on unrelated charges, was charged with theft of assets of an aged or disabled person. Judge Michael Canaday set his bond at $75,000.