Rochester Man Charged With Stealing $80k From Relative
Rochester, MN (KROC-AM News) A Rochester man has been charged in Olmsted County Court with stealing more than $80,000 from a person who moved into a senior assisted living and dementia care facility in 2011.
Four counts of financial exploitation of a vulnerable adult were filed this week against 50 year old William Arndt.
The criminal complaint filed against Arndt says he is a relative of the victim and was given Power of Attorney over the person’s financial affairs in May 2011. Arndt was the only person who had access to the victim’s bank accounts. The complaint says not only did Arndt take large sums of money but also sold the victim’s car and mobile home.
The complaint says Arndt admitted taking the money for his personal use. He is scheduled to be arraigned in July.
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