Virginia Man Pleaded Guilty to Embezzling Over 1.5 Million of His Elderly Father's Savings

A Virginia Beach resident has been convicted in connection with a plot to embezzle money from his elderly father and stepmother while they were living overseas.

The Virginia man pleaded guilty Wednesday to grand larceny in the first degree and criminal possession of a forged instrument in the second degree, according to a spokeswoman for Manhattan District Attorney. Prosecutors say that between 1996 and 2004, Wilde stole over a half of a million dollars of his father and stepmother's investments and savings.

Wilde's late father and stepmother lived in Colombia and they granted him power of attorney to oversee their bank accounts, which were based in New York. Wilde is scheduled to be sentenced July 21. For more, read the story.

 


Robert W. Carter, Jr. is a Virginia attorney whose law practice is dedicated to protecting the rights of the victims of nursing home and assisted living neglect and abuse in Richmond, Roanoke, Norfolk, Lynchburg, Danville, Charlottesville, and across Virginia.

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