HORSEHEADS — New York State Police were contacted Feb. 25 regarding a report of elder financial abuse involving the theft of nearly $92,000 from a victim’s bank accounts.
Following a thorough investigation, it was determined the suspect, Steven R. Padgett, age 57, of North Carolina, unlawfully accessed the bank accounts of his elderly parents.
Padgett made fraudulent purchases and unauthorized ATM withdrawals totaling $91,995.37.
The victims were identified as vulnerable elderly individuals.
Padgett was arrested June 6 for grand larceny in the second degree, a class C felony.
Padgett was taken into custody without incident and processed at State Police Horseheads.
He was arraigned in the Village of Horseheads Court, where a full stay away order of protection was issued on behalf of the victim.
Padgett was released on his own recognizance and is scheduled to reappear in court Aug. 13 at 6 p.m.
