Thanks to a change in the Delaware Securities Act designed to protect the state’s vulnerable populations, a Newark 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.