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 guest was representing a squadron and the item was a regimental jewel.
2 hours ago
The chicken was so bad that the creator had to take it back to the store.
6 hours ago
The contestant simply didn't realise what he had done even after Harvey's reaction.
7 hours ago
The painting set a record on the show for being one of the most expensive pieces of art.
1 day ago
The cups were made thousands of years back and so regulations were not an issue as per the expert.
1 day ago
The founders of Surprise Ride had a deal but they failed to close it on time.
1 day ago
Harrison got his hands on one of the most sought-after pieces of American history for $1.45 million.
2 days ago
The popular TikTok creator claimed the food product was one of the worst the store offers.
2 days ago
Harrison wasn't willing to part with it but sold it to UFC boss Data White.
3 days ago
The entrepreneurs who followed Greiner's book to scale their business got the ultimate reward.
3 days ago
The watch was something that the expert himself hadn't seen in his career.
3 days ago
The Season 3 champion, W. Kamau Bell, is looking to become a regular part of the game show.
4 days ago
Harvey was excited to hear the answers as soon as he read the question.
4 days ago
When the show's guitar expert, Jesse Amoroso, cut the item's value by 75% from the asking price, the guest lost his cool.
5 days ago
Fans argued that the show misattributed the song "Life Is A Highway" to another composer.
5 days ago
Jennings opened up about keeping "Jeopardy!" the way it was when he was a fan.
5 days ago
Harvey also mocked the player for an answer that earned his team a second strike.
5 days ago
When she did find out how precious the painting from her mother was, she could hardly speak.
5 days ago
The concern among shoppers is growing after a document suggesting the policy change leaked.
6 days ago
The item was unique since there was only one more of the kind in the world.
6 days ago