Tag Archives: Dementia Patient

Elderly Livermore Resident with Dementia Swindled by Bank Employee

Linda Magel’s father died last year; he suffered from early-on set Alzheimer’s disease and ultimately died from cancer. But it wasn’t until about a month after his death that Linda realized that something was terribly wrong with her father’s finances. She discovered that roughly $118,000 was missing from her father’s savings. His bank statements indicated that the withdrawal occurred at a Chase bank branch that he had never visited. After a thorough investigation, she realized that a bank employee had taken advantage of her father. The employee stole a certificate of deposit that was worth $105,000. He also withdrew other…