Kitchener man uses power of attorney to defraud elderly of life savings

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A Kitchener man has been charged with fraud and theft after allegedly abusing his power of attorney and taking thousands from his elderly mother’s bank accounts. “A woman had her son steal basically her entire life savings,” said Guelph police Const. Mike Gatto. The accused is 63, and his mother, 88. Power of attorney allows a third party, often a relative, legal authority over an individual’s finances or health care.

Read the full article at CBC News.