Police have arrested a Florida man and accused him of stealing more than $100,000 from his own father. The elder reportedly suffers from early-stage dementia, according to WTSP.
Vincent Caliendo, 39, received power of attorney over his father, Bernard Caliendo, in October 2015. It wasn’t long before he reportedly siphoned more than $100,000 from his father’s savings and checking accounts, according to WFTS.
On March 29, 2016, Vincent is said to have withdrawn $100,863.67 from his father’s Wells Fargo bank account. He then deposited the cashier’s check at another Wells Fargo branch and requested the full amount in cash.
Bank tellers were unable to fulfill his request, allowing the 39-year-old to withdraw $10,000 while they waited for the check to clear. He was told to return in two days to retrieve the rest of the money. However, the bank flagged the account, due to the suspicious nature of the request, and alerted authorities. When Vincent Caliendo showed up to empty the account, police were waiting to seize the funds and return them to their rightful owner.
That isn’t the only foul thing Caliendo is being accused of doing to his dementia-stricken father. He reportedly tried to obtain a reverse mortgage on his father’s home, allegedly attempting to trick his father into signing the various documents.
Investigators have tracked down some of the items Caliendo paid for with his father’s hard-earned money, including meals at restaurants, payment of cell phone bills, and vacations in hotels, according to WTVT. Police have also alleged that the 39-year-old’s checking account had a negative balance before attempting to steal from his father.
Vincent Caliendo was arrested in Lexington, South Carolina, and charged with exploitation of an elderly person or disabled adult and grand theft. He is being held in the Hernando County jail on a $20,000 bond.
[Featured Image: Hernando County Jail]