23 September 2012
Selective Prosecution by California Attorney General
4 arrested in alleged scheme that targeted elderly
The Associated Press
Published: Friday, Sep. 21, 2012 - 4:02 pm
SACRAMENTO, Calif. -- Authorities have arrested four California residents for allegedly running a Ponzi scheme that defrauded dozens of investors out of $2.3 million from 2003 to 2011.
Attorney General Kamala Harris said Friday that the four suspects were charged with 66 felony counts of elder abuse, securities fraud and conspiracy.
Officials say husband and wife Philip and Ellen Lester, both 65, were arrested Thursday in Riverside County. Susan Laferte and Jonathan Blinder, both 58, were taken into custody Thursday in Nevada County.
See also: http://www.theunion.com/news/2605458-113/lester-investors-blinder-lenders
My experience with the California Attorney General's office under Brown and now Harris has been that prosecuting elder abuse is not their top priority. The same can be said for just about any government agency charged with protecting our elders and bringing those to justice that bring mental, physical and financial abuse to bear on our elders.
Stamp Out Elder Abuse -- Sign the petition.
Elder Financial Protection Network