Friday, March 04, 2016

Another Dementia-Stricken Senior The Apparent Target Of Real Estate Ripoff, Signing For $100K Loan & Putting Property Up For Collateral

In Boardman, Ohio. The Vindicator reports:
  • Township police are investigating a theft-by-deception case [] in which an elderly man with dementia purportedly was deceived into signing a $100,000 loan for someone.

    A report alleges that a known suspect coerced the 78-year-old man into signing the loan for him, and putting up some of his property as collateral.

    A family member of the victim reported the incident to police and provided them with the victim’s most-recent medical evaluation and the loan paperwork, according to a police report.

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