Hawaii Kai Woman Accused Of Stealing From Elderly Victim
Updated On: Feb 28 2012 05:08:37 AM HST
An Oahu grand jury indicted a Hawaii Kai woman Tuesday in the theft of more than $600,000 from an elderly woman, according to prosecutors.
Susan A. Chin, 43, was charged with two counts of theft in the first degree, one count of criminal attempted theft in the first degree and three counts of money laundering.
Prosecutors say the victim is 85 years old and lives alone.
The indictment alleges that Chin befriended the victim and convinced her to revoke a power of attorney held by a family member and to designate power of attorney to Chin.
It is also alleged that Chin then sold the victim's home for $639,000 and later, without the victim's knowledge or consent, deposited $200,000 into a joint account Chin held with her 9-year-old son, $200,000 into a joint account she held with her 6-year-old son and $100,000 into a joint account she held with her mother.
Only $100,000 from the sale of the home was deposited into a joint account shared by Chin and the victim.
The indictment further alleges that Chin surrendered an annuity belonging to the victim and kept the $33,000 in proceeds, then later tried to obtain two additional annuities worth an estimated $130,000.
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