By the Times Staff
MEDIA COURTHOUSE ‚ÄĒ A Glenolden woman was arrested for stealing $74,000 from the financial accounts of a 92-year-old woman after allegedly falsely posing as the victim‚Äôs daughter to get power of attorney and gain access to her accounts, Delaware County District Attorney Katayoun Copeland announced Friday.
Regina Maggio, 51, of the 100 block of Westbridge Road, is charged with theft by deception, theft by unlawful taking, access device fraud, and forgery, all felony offenses. The arrest capped an investigation led by Detective Edward Rosen of the Delaware County Criminal Investigation Division Senior Exploitation Unit. Maggio is being held at the county prison after failing to post bail, which was set by Magisterial District Judge Steven A. Sandone at 10 percent of $50,000. The preliminary hearing is scheduled for Feb. 27.
According to the information provided by the District Attorney‚Äôs office, on Aug. 10, 2018, a checking and savings account at Citizens Bank was opened under the victim‚Äôs name, fraudulently listing Maggio as having power of attorney. On Sept. 1, 2018, Maggio changed the address on the accounts to her own residence. Between August 2018 and September 2018, a total of $15,892 was fraudulently withdrawn from the victim‚Äôs checking account.
Through the course of the investigation, it was found that between Nov. 10, 2018, and Jan. 24, 2019, 11 checks totaling $58,200 were written from the victim‚Äôs AIG life insurance account. Nine of these checks were made out to Maggio, and the others to Maggio‚Äôs daughter and son. During this time, the victim was under 24-hour care in a nursing home and none of the money was used for the victim‚Äôs care.
According to authorities, Maggio was an acquaintance of the victim‚Äôs son, and how she may have spent the money is unknown.
‚ÄúOur seniors deserve to enjoy their hard-earned money and live without fear of being victimized. Sadly, financial exploitation of our seniors often goes unreported, leaving perpetrators to move onto their next victim. Those who prey on our most vulnerable will be investigated, arrested and prosecuted,‚ÄĚ Copeland said in a prepared release.
Copeland lauded the efforts of Rosen. The case is being prosecuted by Assistant District Attorney Erica Parham, chief of the county‚Äô Senior Exploitation Unit.
If you suspect you or a loved one has been financially victimized please contact the Delaware County District Attorney‚Äôs Office Senior Exploitation Unit at 610-891-5249 or email: [email protected].