Newark woman pleads guilty to stealing from mom, thanks to mandatory reporting of suspected exploitation of senior

0

Thanks to a change in the Delaware Securities Act designed to protect the state’s vulnerable populations, aNewark woman was prosecuted for stealing from her mother.

For a year and a half beginning in July 2017, Karen Warrington, 50, impersonated her mother and took money from her investment accounts.

Warrington pleaded guilty to Theft of $50,000 or More and 1 count of Identity Theft.

This plea agreement is the first to result from a Report of Suspected Exploitation of a Senior or Vulnerable Adult submitted to the Department of Justice Investor Protection Unit by a financial institution.

The state Securities Act, was amended in 2018 to make such reporting mandatory. A Superior Court judge will sentence Warrington in March 2020.

Facebook Comments
SHARE
Previous articleChristianaCare launches $2 million Community Investment Fund
Posts labeled Special to Delaware Business Now are typically submitted items that are updated and sometimes rewritten in news style. Background information is sometimes added.