ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Elderly Landlord Reportedly Victimized by Tenant, $77K Allegedly Stolen

Incidents of fraud against seniors have significantly risen across the nation.
PUBLISHED APR 10, 2024
Cover Image Source: Pexels | Photo by Ron Lach
Cover Image Source: Pexels | Photo by Ron Lach

Exploitation of the elderly has emerged as a distressing issue within Miami-Dade County, a matter brought to the forefront by State Attorney Katherine Fernandez-Rundle. Recent occurrences have starkly illuminated the gravity of this concern, casting a spotlight on the vulnerability of the elderly population. Just this week, the authorities took decisive action, apprehending two individuals suspected of preying upon and defrauding elderly victims.

Image Source: Photo by Karolina Grabowska | Pexels
Representative Image: Photo by Karolina Grabowska | Pexels

Yaroslan Bartutis is one of the accused, facing charges related to fraudulent activities against his former landlord, Valentino Zolli. Bartutis stands accused of utilizing Zolli's bank account to settle his own credit card bills and luxury car payments, amounting to over $77,000.

Doral Police Chief Edwin Lopez expressed bewilderment at Bartutis's inability to provide a plausible explanation for these transactions. "He couldn't explain why he had charged in excess of $77,000. He couldn't provide the means of payment for a Lamborghini, for thousands of dollars in credit card payments," Lopez said.

Zolli, a resident of Venezuela, entrusted a realtor with the management of his property, which Bartutis occupied. The accused would purportedly make rent payments via bank transfer each month, providing him access to the landlord's account details. However, it wasn't until approximately nine months later, during his annual accounting, that Zolli discovered the unauthorized transactions.

Image Source: cottonbro studio/Pexels
Image Source: Photo by Cotton-bro Studio | Pexels

Expressing his frustration, Zolli lamented the lack of security measures from the bank. "You're better off saving your money under a mattress instead of the bank," he said.

In court, Bartutis's defense attorney, Jose Teurbe-Tolon, contested the charge of elderly exploitation, citing the absence of the victim's age in the police report. However, the landlord later told NBC6 that he is 67 years old, reinforcing the severity of the alleged exploitation.

Huy Phan | Unsplash
Image Source: Photo by Huy Phan | Unsplash

In a separate case highlighting the grim reality of elderly exploitation, Manuel Diaz stands accused of embezzling approximately $50,000 from his 95-year-old mother. Following the death of his father, Diaz purportedly persuaded his mother to transfer funds into a joint account, which he subsequently drained.

As a result, the elderly woman faced the threat of eviction, left with minimal financial resources and support. Fernandez-Rundle condemned the accused's actions. "Even when he knew that she was going to be evicted, she didn't have the money, all he did was give her $6,000 and then left. Left her in the lurch," she said.

However, with the intervention of the State Attorney's Office, the 95-year-old was able to secure alternative housing. Despite the allegations leveled against them, Diaz's family maintains his innocence.

Pexels | Photo by Pixabay
Image Source: Pexels | Photo by Pixabay

"When older adults are intentionally seeking and sharing knowledge on how current scams are perpetrated, along with what red flags to look for, this builds the ability to reflect on the situation while it is occurring, as well as to pause and reflect," explained Soo-Lynn Getz, Director of Fraud Prevention at Zelle. "The power of that pause could support an older adult in stopping the emotional response to act without thinking."

MORE ON MARKET REALIST
The lucky win delighted the fans as the contestant, Sunita Baru took home more than $50,000.
15 hours ago
Chris and Jeanie Rodgers didn't just beat up the zombie on the show, but also had him present their product to the judges.
16 hours ago
Fans on Reddit complained complained that some games are either overly difficult by design or favor only physically fit contestants.
17 hours ago
Contestant Joey Sweet took the loss in stride, but the show's viewers weren't happy with the puzzle selection.
1 day ago
A lot of things on set were put to the test during the "Is it real or is it cake?" challenge, including the host.
1 day ago
Fans were left disappointed after the contestant, Alicia Slagle, failed to guess an easy phrase in the finale.
1 day ago
Jackie Fakhoury was also joined by her husband and son in celebration on stage.
2 days ago
The guest had no idea that her $30 ring was studded with diamonds and made of platinum.
2 days ago
In a rare event, Harrison didn't haggle the seller as he knew he had to make a deal for he coin.
2 days ago
The Bobek family, who came dressed in Polish Highlander attire, had the host grooving to their tunes.
3 days ago
Contestant Marie-Eve Augier’s smart letter choices turned the puzzle into an easy solve.
3 days ago
The Sharks felt that the founder of Besomebody didn't have the "capacity to listen."
4 days ago
Jennings shared how Trebek showed great resillience and showmanship during his last days on the show.
4 days ago
The contestant, Staci Urban put up a great show to win over $60,000 in one night.
4 days ago
The TikToker warned fellow shoppers about the risks of infection from the salmon.
5 days ago
With four sharks eager to invest, the founder of Kinfield knew how to get two of them to team up.
5 days ago
Shanquetta Cato, who participated in the 'Teacher's Week' did 'not get lucky' on the show.
5 days ago
After his book expert, Rebecca, raved about the rare book, the pawn shop boss knew he had to make a deal.
5 days ago
At one point, the host was begging the players to give just one sensible answer.
5 days ago
The long and difficult Bonus Round that cost Toya Johnson-Moore and Dionna Houston dearly.
6 days ago