3 headed to court for defrauding elderly parents of $700K - abc27 WHTM

3 headed to court for defrauding elderly parents of $700K

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Three people are headed to trial on charges they defrauded nearly $700,000 from their elderly parents in Lancaster County, one stricken with dementia.

A district judge last week found enough evidence against John R. and Susanne L. Fisher, of Milford, and Rebecca A. Holderman, of Goshen, Ind., to forward all charges to county court.

The defendants led the victims to believe they were reinvesting their assets, but were completely transferring their money into an account to which the parents had no access, according to charging documents.

At the time of the deception in August 2009, Holderman and Susanne Fisher's father was incapacitated, receiving continuous care, and residing in the dementia unit of a Lititz nursing home, documents state.

The defendants procured the father's signature for the transfer of funds, and following his death in December 2009 repeatedly denied access to and information about the money to his widow, documents state.

Susanne Fisher in the following year told her mother that the account no longer existed, and when her mother asked for money from the investment to pay for living and medical expenses, Mrs. Fisher refused to give her any, according to the criminal complaint.

John Fisher, the victims' son-in-law, is a CPA who had prepared their taxes prior to 2009 and had extensive knowledge of their financial situation, the complaint states.

The three are charged with theft by deception, criminal conspiracy, and securing execution of documents by deception.

John Fisher is also charged with deceptive or fraudulent business practices.

A formal arraignment was set for Dec. 13.


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