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Real Estate & Property Law

: The Home Equity Theft Reporter

Relatives Charged w/ Selling Home From Out From Under Elderly Oregon Widow; Used POA To Pocket $235K Sale Proceeds, Cash Out Bank Accounts, Annuities

By r morris

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In Portland, Oregon, The Oregonian reports:Shortly after two women gained power of attorney from a dying 83-year-old relative, they took all of her possessions and sold her house of 56 years, police said. The pair pocketed the $235,000 from the house sale and cleaned out the elderly woman's bank accounts and savings, sharing the money among themselves and family members, police and prosecutors

Full post as published by The Home Equity Theft Reporter on September 01, 2009 (boomark / email).

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