Financial Elder Abuse: Man Charged with Defrauding Friend (FL. USA)

Man Charged With Defrauding Friend Out Of $500,000

Victim Claims Former FDLE Agent Never Paid Money Back

 WPBF-TV

Jan. 7, 2009

 ALM BEACH COUNTY, Fla. - Authorities have arrested a man accused of defrauding a friend out of about $500,000.

 Palm Beach County Sheriff's Office investigators said James Morton, 56, told friend Harold Murphy that he needed the money to help pay back his former employer for embezzling some funds.

 Murphy told WPBF News 25's Amanda Salinas that he met with Morton in July 2007 outside a Rooms To Go on Okeechobee Boulevard, where his friend of 40 years begged him for help.

Murphy told investigators that his lawyer found out that the documentation provided to him about the loans and real estate by Morton were falsified.

Investigators said that they attempted to talk to Morton about the issue but that his lawyer advised him not to.

 

During the course of their investigation, detectives said they obtained records that appear to show that Morton admitted he had defrauded Murphy.

Abridged

SOURCE:   MSNBC

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