Connecticut Man Faces Charges Of Fleecing Elderly Woman Out Of $125K+, Leaving Home In Foreclosure With $15K+ In Back Taxes

In New London, Connecticut, the Norwich Bulletin reports:

• [R]ichard K. Wallace, 55, faces the charge of first-degree larceny for conning Dorothy Dinallo out of at least $125,000, police said. Wallace claims he is a longtime family friend and was taking care of the family and managing their finances after the death of Dinallo’s husband.

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• At the time, Wallace had power of attorney and lived with Dinallo and her two daughters. Police said Dinallo owes more than $15,000 in back taxes and the home was in the process of foreclosure.

For the story, see Accused con man has motion denied (Police say 55-year-old defrauded elderly woman).

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