Truth Frequency Radio
Oct 21, 2013

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Elderly residents by the thousands have had their money stolen or mismanaged by nursing homes across the United States, a USA Today investigation found.

The newspaper said there have been at least 1,500 recent cases of nursing homes cited by state and federal regulators for mishandling patients’ savings placed in special trust fund accounts.

Workers and managers at the care facilities were able to siphon huge sums of money from the trust accounts—as much as hundreds of thousands of dollars by some employees. More than 30% of 100 cases prosecuted involved thefts of more than $10,000. At least 10 of those thefts were for amounts in excess of $100,000.

At the Vicksburg Convalescent Center in Mississippi, employee Lee Ray Martin billed $101,000 in personal expenses to the trust accounts of 83 residents. She pleaded guilty in August to multiple counts of exploitation of vulnerable adults.

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