A Hawaii Kai woman is accused of stealing more than $600,000 from an elderly woman.
The prosecutor’s office says the victim is 85-years-old and lives alone.
An Oahu grand jury indicted Susan Chin, 43, with two counts of theft in the first degree, one count of criminal attempted theft in the first degree and three counts of money laundering.
The indictment alleges that Chin befriended the victim and convinced her to revoke a power of attorney held by a family member and to designate power of attorney to Chin.
Chin allegedly then sold the victim’s home for $639,000 and later, without the victim’s knowledge or consent, deposited $200,000 into a joint account Chin held with her 9-year-old son, $200,000 into a joint account she held with her 6-year-old son, and $100,000 into a joint account she held with her mother.
Only $100,000 from the sale of the home was deposited into a joint account shared by Chin and the victim.
The indictment further alleges that Chin surrendered an annuity belonging to the victim and kept the $33,000 in proceeds, then later tried to obtain two additional annuities worth an estimated $130,000.
The indictment was brought by Senior Deputy Prosecuting Attorney Christopher T. Van Marter, chief of the Prosecuting Attorney’s White Collar Crime Unit.
See the original article at: KHON2 Local News
