Couple Steals Over $200,000 From Grandparents; Plead Guilty to Theft of an At-risk Adult

A Commerce City couple recently pleaded guilty to theft of an at-risk adult for stealing more than $200,000 from their grandparents. 

In September 2008, William Young’s grandmother and her husband moved into an assisted living home. Young had power of attorney for his grandmother between June 2009 and December 2010.  Investigators discovered that Young and his wife drained their grandparents’ accounts and used their credit cards for their personal use.  Police report that they used this money to pay their $6,000 monthly mortgage and other bills. 

William Young faces 4-12 years in prison, and Karen faces 1-3 years in prison.  The two will be sentenced May 13 in Jefferson County.

See Couple Steals More Than $200,000 From Grandparents, 9News.com, Mar. 29, 2013.