Family scaming/embezelling money from parents

[sstewart]

My story is long but I will try to make it short as possible. My in laws who are in their 80's are litterly going broke to due to his daughter & 2 grandsons. My mother in law now has full blown dementia and has had it in the past almost 3 years. My father in law has congestive heart failure. It is sad to say that when you hear about the elderly being scammed or taken advantage of by different companies that you wish they would catch these people. But to have it happen within your own family is even worse!

Story starts with about 10 years ago it started with the oldest boy in my sister in laws family who took a credit card from my mother in law and ran them $20K in credit card bill. They did not proscute him because he was going on to become a corporate lawer and they did not want to stand in his way. We doubt he ever paid it back causing my in laws to have to pay off the credit card. Up until 3 years ago, my mother in law took all the responsiblities of taking care of the house, paying any and all bills, giving money for christmas, birthdays and what have you. When she was diganosed with full blown dementia she was unable to do this. Leaving the burden of my father in law to do this which he had never done this in the whole time they were married.

We thought he was doing fairly well with his fiances until we learned that the youngest nephew asked to borrow $85K from the in laws to buy a house! They drew up papers and had my mother in law who was incompetent at the time sign the loan papers! They knew at that time she did not have a clue as to what she was doing! My father in law withdrawed all my mother in laws personal saving from the bank along with some of his and gave the loan to my nephew. In which he has not attempted to may any kind of repayment according to his loan agreement. This has not stopped here. Since then he continually keeps asking my father in law for money. Knowing that he will give it to him. Since the $85K innocent my sister in law (who is in question now) has gotten 50% power of attorney on my father in law. Another sister in law has 100% power of attorney on my mother in law, and 50% power of attorney of my father in law. Mainly to protect their money, assets and interest. Giving her 150% controlling power of their well being.

Along with the young nephew who keeps asking for money at a non stop bases owes roughly over $100,000.00!! Along with in question we feel that the mother of this son & of the one who ran the credit card debit up, has taken money for trips to the Bahamas, Hawaii and other places on the parents money. My sister in law who is the main executor of estate, went through bank records, notice money is missing for unexplained reasons.

We all feel along with the main executor of estate that the nephew & sister in law will not be happy until the parents in laws are totally broke! The parents in law are now living in a assisted living because they cannot care for themselfs. The sister in law in question & her family are now taking things from their estate is now taking it for personal use or gain without the executor of estate or any other family members around.

With saying all this and I appolgize it being so long, what can we do as a family to get this to stop? With confronting these people and telling them to stop, they just keep on. The main executor of estate is going to have the father in law declared incompent to gain full control of power of attorney. We need to find out if this is declared as a scam or embezellment on these people? We would like to know before we go present the case beforethe prosecuting attorney for legal actions so we know what we have to prepare for. There is more to this story but I tried to make it short as possible.

Thank you for your time.

[AFFA]

I wish to inform you that the money taken from the assets can make the person who has taken property liable to return if the act of taking property is without the consent of your in laws. In this regard a suit may be filed for recovery either by the person who is regarded as guardian or care taker of your in laws. You may file a suit for recovery only after showing that your interest are being injured. In this regard for recovery it will be shown that money was taken for purposes not authorized by your in laws.

AFF