An Elgin man accused of financial exploitation of an elderly person avoided a possible prison term by accepting a plea deal that will have him serving two years of probation and paying nearly $17,000 in restitution, according to Kane County court records.
Robert B. Plagemann, 53, of the 400 block of North Spring Street, was set to go on trial next week on felony charges that carried a penalty of up to 15 years in prison.
Instead, Plagemann pleaded guilty to the exploitation charge in exchange for prosecutors dropping other counts, records show. Plagemann was ordered to pay $19,086 in fines, fees and $16,796 in restitution at a rate of $355 per month, records show.
Judge Clint Hull accepted the plea. Plagemann can be resentenced to four to 15 years in prison if he violates his probation.
Plagemann was arrested in September 2012 and accused of stealing at least $5,000 from his 90-year-old father's bank account and failing to pay bills to a South Elgin nursing home.
Man pleads guilty to exploitation of elderly father