Kathleen Marion Studnicka, 46, was charged Dec. 5 in Olmsted County District Court with two felony counts of financial exploitation-vulnerable adult.
According to the criminal complaint, an investigation that began in August 2012 revealed that from July 2011 through March 2012, more than $23,000 had been deposited into the 86-year-old woman's bank account. During that time, she had accumulated a bill for housing and care that totaled nearly $15,000.
According to the complaint, Studnicka, who had power of attorney over her mother's finances, withdrew more than $22,000 from the account, with her mother's permission. None of the money was used for the older woman's expenses, the report says.
Full Article and Source:
Daughter pleads not guilty to financial exploitation