Yet Another California Fiduciary Arrested For Elder Financial Abuse

Rod Hormell, a California Certified Senior Estate Planner, Elder Care specialist, located in Thousand Oaks, California, was recently arrested on suspicion of embezzling and laundering money from an 89-year-old client.

In October 2012 the Ventura County Sheriff’s Office received a report alleging that Rod Hormell, 56, had embezzled and laundered money from an 89-year-old client.

The report came from a relative of the client.

Hormell was arrested Feb. 19 at his business in the 900 block of BroadBeck Drive in Newbury Park. Hormell is accused of financial elder abuse and money laundering.

Full Article & Source:
Yet Another California Fiduciary Arrested For Elder Financial Abuse

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3 Responses to “Yet Another California Fiduciary Arrested For Elder Financial Abuse”

  1. StandUp Says:

    I will be anxious to know how this case turns out. Thank you for posting, NASGA.

  2. B Inberg Says:

    P R I S O N time is mandatory with full restitution + judgment for the harm caused.All who are in fiduciary positions should have 10 X the punishment.Beware of those who pretend to help you – we are at a point where it's safe to say trust no one.

  3. Betty Says:

    HOORAY! I hope resitution is ordered!

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