Schenectady woman admits to stealing over $300,000 from elderly father
A Schenectady woman has admitted to stealing more than $300,000 from her elderly father over the course of several years.
Elaine Perkins, 61, pleaded guilty in Schenectady County Court Thursday to one count of grand larceny.
Perkins stole the money over the course of several years beginning in 2018 when her father’s health and mental faculties were in decline, prosecutors said. Her father had signed a power of attorney giving Perkins control over the finances.
Perkins placed her father into a skilled rehabilitation facility in Hudson – far away from any family and friends. She then failed to pay her father’s bills, which resulted in tax liens and default judgments.
Perkins is expected to receive a sentence of 2 1/3 to 7 years in state prison.
She also must pay restitution including $311,555 to the estate of the now-deceased victim and $14,908 to the New York State Department of Taxation and Finance, which is representing the tax owed on her unreported ill-gotten gains.
The investigation began with a complaint one of the defendant’s family members made to the Schenectady County District Attorney’s Office.
“Ed Perkins, the victim in this, was well known in our community. He was a decorated veteran, a proud patriot and one of the nicest gentlemen I have had the honor to meet,” said District Attorney Robert Carney in a statement. “It is a shame in his last years his own daughter betrayed his love and trust. I hope that this conviction and sentence obtained by Assistant District Attorney William Lemon, who leads our financial crime bureau, and his people, will stand as a warning to others of the potential consequences of violating a fiduciary obligation.”