Daughter Embezzles Nearly $130,000 from Mother

Daughter Embezzles Nearly $130,000 from Mother

Christine Ann Cooper booking photo

ELK GROVE — The daughter of an elderly Elk Grove woman was sentenced to 18 months in jail on September 23, 2016, for embezzling approximately $129,000 from her mother’s trust accounts.

Christine Ann Cooper, 64, pleaded no contest to one felony count of embezzlement, forgery, fraud or identity theft from an elder or dependent adult, and one count of grand theft or embezzling from her 85-year-old mother’s trust accounts over a time span on nine years.

Cooper, a former insurance agent, was also ordered to pay $60,000 in restitution and will be subject to five years of formal probation following her release from jail.

Cooper, who was arrested at her business in Sacramento’s Greenhaven area in June 2015, was sentenced in Placer County Court by the Placer County District Attorney’s Office.

The State Department of Insurance Investigation—in conjunction with the Rocklin Police Department—began investigating Cooper following a complaint. It was revealed that Cooper, who was her mother’s trustee, wrote checks to herself and falsified trust statements to conceal her thefts, according to authorities.

The Department of Insurance has since revoked Cooper’s license.

“Insurance agents and brokers who prey on elders are particularly loathsome,” said Insurance Commissioner Dave Jones in a statement. “Cooper violated her fiduciary responsibility and trust when she stole these funds. Her crime is particularly egregious because she took advantage of her own mother.”

Daughter Embezzles Nearly $130,000 from Mother was last modified: October 19th, 2016 by admin
Categories: Sacramento

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