I don't have to tell you that when you have an elderly person with possible dementia combined with a lot of cash; the situation is a perfect storm for elderly financial abuse.
Earlier this month the LAPD and LAC District Attorney's office joined forces to investigate the possibility that 82 year old Susan Strong Davis has been financially exploited by her money manager, John E. Larkin. Who is already under scrutiny from the county's Adult Protective Services.
The investigations stem from the discovery of some very large donations and other million dollar real estate deals made from her family trust, worth about $11 million. The Kabbalah Center in Beverly Hills has been the primary benefactor of these gifts. Mr. Larkin in one of two trustees of the Davis Family trust.
Relatives of Ms. Davis say that she has never mentioned anything to do with the Kabbalah Center and that she does not even practice the religion. And that a 2005 $600,000 donation to the organization did not make sense for someone who is not affiliated with the center. However, Mr. Larkin is deeply involved with them and also serves on a committee that handles the center's finances.
At this time no comment has been made by Mr. Larkin regarding the accusations. And the investigation is ongoing.
Please consult with a professional Elder Abuse Attorney if you suspect that an elderly person is being exploited by strangers or even by someone close to them.
*This blog entry was not written by an Attorney and should not be constituted as professional legal advice.