Banker who stole $150k+ from elderly dementia patient pleads guilty
A Manhattan Citibank personal banker swiped more than $150,000 from an elderly man battling dementia and used some of the dough to treat himself to a Harley-Davidson motorcycle, authorities said Tuesday.
Juan Velez, 35, accepted a plea deal that officially landed him a six-month jail term Tuesday on a grand-larceny charge.He used his victim’s money to pay off his credit-card bills and to splurge on the hog between April 2022 and April 2023, according to court documents.Rachel Bilson made expansive lifestyle changes after infamous ‘bling ring’ thieves targeted her
But Velez, who was actively stealing from the victim, blamed the elderly man’s frequent visits on his memory problems. “We are committed to protecting older New Yorkers from fraudsters who target their well-earned savings.”
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