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Real Estate & Property Law

: The Home Equity Theft Reporter

Man Gets 27 Months In Federal Prison For Ripping Off Elderly Mom Of $99K, Leaving Her With No Money To Pay Retirement Home Bill

By r morris

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In Peoria, Illinois, the Journal Star reports:For taking nearly $100,000 from his elderly mother four years ago, a Bloomington man was sentenced to 27 months in federal prison Thursday. Douglas Shadewaldt, 59, [...] used the money to buy a motorcycle, a condo and a car, and not to pay for his mother's retirement home expenses. In addition to the prison term, which was at the bottom of his

Full post as published by The Home Equity Theft Reporter on January 23, 2010 (boomark / email).

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