EagleCountryOnline.com

Woman Guilty Of Stealing $300K From Relative

Posted On July 25, 2012

court(Lawrenceburg, Ind.) – A woman who defrauded a family member out of over $300,000 in savings has been convicted by a jury.

 

Shelia Taylor’s trial ended in Dearborn Superior Court I Tuesday with convictions on Theft over $100,000 and Fraud on a Financial Institution, both Class C felonies. Jurors took about 90 minutes to deliberate before returning a verdict.

 

Taylor, 70, was charged following an investigation by Greendale Police and Adult Protective Services investigators. Prosecutors said Taylor had abused her power of attorney over the relative in 2008 when she took more than $300,000.

 

Taylor had been out of jail before the trial, but following the conviction Judge Jonathan Cleary ordered her held without bond because of the seriousness of the crimes and the impending sentence of two to 16 years. Sentencing is scheduled for August 24.

 

Dearborn-Ohio County Prosecutor Aaron Negangard recognized all those who played a part in the conviction.

 

“Our elderly citizens are frequently the target of financial crimes often committed by family members. They frequently lose their life savings as a result. It is important that those people who choose to take advantage of the elderly are held accountable for their actions.  Shelia Taylor will be held accountable for her crimes based on the excellent work of Sgt. Kendle Davis, APS Investigator Sandy Fairfield, Chief Deputy Prosecutor Joe Kisor and Deputy Prosecutor Andrew Barde,” Negangard said.