California Real Estate Fraud Report

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17
Feb

Newport Coast Man Charged in Financial Elder Abuse of 95-Year-Old Woman

Thomas Chapman Hood, a 68-year-old Newport Coast man, has been charged with financial elder abuse of a 95-year-old woman with dementia by the Orange County District Attorney’s Office. Specifically, the charges are 19 felony counts of forgery, one felony count of first degree residential burglary to commit larceny and financial elder abuse, and one felony count of theft from an elder, with sentencing enhancement allegations for non-accomplices being present during residential burglary, aggravated white collar crime over $500,000, and property loss of over $200,000

Chief of Staff Susan Kang Schroeder said Hood, who was employed part-time as an assistant to the trustee, allegedly forged the trustee’s signature on checks totaling $534,850 dollars between March 2015 and September 2016. It was the trustee who discovered the fraud when he tried to make a payment from the woman’s bank account to to her assisted living home which was denied due to insufficient funds.

Thomas Chapman Hood is a licensed real estate broker. Check his license status with the California Bureau of Real Estate.

Hood allegedly used the stolen money to pay for his personal expenses, including credit card bills and a 2-week vacation in Paris, France, according to the press release by the Orange County District Attorney.

Read the original article in The Patch and Behind the Badge OCSD.

 

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