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Man faces another indictment for elder exploitation



Thursday, September 28, 2017 10:38AM

A Bennington man was indicted on one count of financial exploitation of an elderly, disabled, or impaired adult. 

James Folley, 68, was arrested for taking money from an elderly woman in the amount of $1,237 whose bank account he had access to through power of attorney. The act is a class B felony.

Folley was indicted for similar crimes against the same elderly woman in April, including two counts of theft by unauthorized taking as a principal accomplice, a theft by unauthorized taking or transfer, and financial exploitation of an elderly, disabled, or impaired adult. 

Court documents say that between 2011 and 2014, he and an accomplice Karen Folley withdrew about $22,489 from an ATM without authorization. Around that same time frame, they were also indicted for using a debit card to withdraw $20,000 from the woman’s account to make purchases at retail locations, online stores, and to pay personal bills. Both are considered class A felonies.

James was charged with theft by unauthorized taking on March 13, 2013  after he withdrew $50,000 from the elderly woman’s bank account. The charge is a class A felony. He also faces another count of financial exploitation that took place from 2015 to 2015 after withdrawing $1,237. 

Attempts to reach Folley for this story were unsuccessful.