‘That money is gone forever’: Prosecutor says grandson drained grandmother’s $500K life savings, leaving her on food stamps

A King County man was sentenced to 24 months in prison after a jury found him guilty of stealing nearly half a million dollars from his elderly grandmother, who has dementia and is now surviving on food stamps.

Senior Deputy Prosecutor Karissa Taylor, who handled the case for the King County Prosecuting Attorney’s Office, said the defendant manipulated his grandmother into surrendering her entire individual retirement account through a campaign of deception.

“By way of manipulation and deception, he convinced his grandmother to give her entire life savings, all of her IRA that she had saved her entire life,” Taylor told “Seattle’s Morning News.” “By the time the victim’s son discovered the theft, she had less than $50 left to her name and is now on food stamps.”…

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