Saturday, April 10, 2010

Financial Planner Accused of Theft

A financial planner is accused of stealing a 70-year-old woman's life savings - more than a half-million dollars - and leaving her essentially penniless.

Springdale police arrested Martin Morris, 50.

A Hamilton County grand jury indicted Morris on 14 counts, including aggravated theft, theft from an elderly person and forgery.

Springdale police detective Keenan Riordan said Morris stole $509,637 by forging checks while handling all of the woman's finances.

Full Article and Source:
Financial Planner Charged With Bilking the Elderly

6 comments:

StandUp said...

He's also left her open and exposed - a ripe candidate for guardianship/conservatorship.

Max said...

Martin Morris, if convicted, should suffer the maximum penalty!

timlahrman said...

U.S. v. Hall [United States Supreme Court early 1900's]

Hall was a guardian who stole $500.00 from a veteran for whom he was appointed guardian.

The punishment was "hard-time" and the US Supreme Court said .... yep, he deserves "hard-time"

[seems to me if I recall correctly --- Hall got 10years in Federal prison]

I have the case, and many many more, if anyone wants a copy ----

jerri said...

and how many others but the proof is poof? or the statute of limitations is poof? another financial planner gone bad who got caught sure planning other people's money for HIMSELF when these invites come in the mail at least one per week i think to myself sure free lunch for unsuspecting chumps betcha there are "plants" at the tables acting like they are one of the free lunchers gathering personal information about those attending to get family and net worth information children? how many? living where? grandkids? good relationship? targeting the attendees who are wealthy without family or friends especially those who are single watch your wallets cause these people have their eyes on you

Melba said...

R-E-S-T-I-T-U-T-I-O-N, judge. Order restitution.

Anonymous said...

May he be held accountable!!