Former Financial Planner Found Guilty of Defrauding Elderly Woman Out of $100,000 in Life Savings

NORRISTOWN, Pa. — A former financial planner from New Hanover Township was found guilty of embezzling over $100,000 from the life savings of an elderly Lower Salford Township woman, a jury ruled this week. The conviction highlights a growing concern over financial crimes targeting senior citizens. The 84-year-old victim, who had entrusted her financial security to the planner, lost significant amounts of her retirement savings due to his fraudulent activities. The case, prosecuted in Montgomery County, has drawn attention to the measures necessary to protect vulnerable elders from financial fraud. The accused, who had previously … Read more