BOULDER, Colo. –

The son and granddaughter of an 81-year-old Boulder woman have been arrested on suspicion of stealing thousands of dollars from the elderly woman, who had entrusted her family to take care of her finances, Boulder police spokeswoman Sarah Huntley said.

James Kassinger, 56, faces three counts of theft from an at-risk adult, and his daughter, Jillian Kassinger, 25, faces 46 counts of forgery and 46 counts of identity theft. Police also have issued a warrant for Jillian Kassinger’s mother, Susan Kassinger, but Huntley said she’s not yet in custody.

The alleged victim, whose name hasn’t been released, lives in a Boulder nursing home, Huntley said, and her only income sources are checks from Social Security, the Public Employees’ Retirement Association of Colorado and Medicaid. She’s lost more than $16,000 as a result of the crimes, Huntley said.

Boulder detectives began investigating James Kassinger, of Louisville, in January after his brother called police to report some discrepancies with their mother’s accounts. Detectives determined Kassinger was given power of attorney over his mother’s finances two to three years ago, and they suspect he began taking her money â which he considered loans â without her knowledge or consent in 2007, Huntley said.

Kassinger â who told police that he used the money to buy meals and other things for his mother â hasn’t repaid any of the “loans,” Huntley said. He was booked into the Boulder County Jail on Sunday and left later that day on a $5,000 personal recognizance bond.

During their investigation, detectives found reason to suspect that two of Kassinger’s family members also withdrew money or wrote checks from the elderly woman’s account without her permission, Huntley said.

Jillian Kassinger, who lives with her father in Louisville, is suspected of forging 46 checks from her grandmother’s accounts, and Huntley said detectives believe she took some of the money as cash for herself and used some of it for her child’s daycare.

The young mother turned herself into police Tuesday and was booked into the jail on 92 counts of forgery and identity theft. She has also been released on a $3,500 personal recognizance bond.

Susan Kassinger â Jillian Kassinger’s mother, who is divorced from James Kassinger â is the third suspect in the forgery and identity theft case, Huntley said. She is suspected of using her former mother-in-law’s ATM card to withdraw cash, Huntley said.

Police have issued a warrant for the 54-year-old woman, who now lives in Westminster. She faces 14 counts of identity theft, one count of felony theft and one count of misdemeanor theft.

James Kassinger has a lengthy criminal history that includes at least 19 charges for money, drugs and motor vehicle violations, according to court records. His daughter has a criminal history that includes money and alcohol violations, court records show.

Cynthia Taylor, director of the consumer division of the Boulder County District Attorney’s Office, said her department is seeing more cases involving the financial exploitation of elders.

“A lot of Boulder citizens have resources and some of their younger family members feel entitled or feel they can get away with it,” Taylor said, adding that she believes the financial instability many people are facing has increased elderly fraud.

“There are a lot of people affected by the economy,” she said, “and then there’s greed.”

Archived comments

NICE!

MisterPist

3/25/2009 10:51:43 AM

Sad

siggy1123@hotmail.com

3/25/2009 11:21:36 AM

What the hell is wrong with these people?

Dunkterfunk

3/25/2009 11:37:11 AM

Doesn’t being granted power of attorney mean specifically that they can make financial decisions without the consent/permission or knowledge of the other party?

Obviously, I don’t know anything about this other than what is written here, but the article keeps saying “without her permission.”

bobmobber@hotmail.com

3/25/2009 12:23:10 PM

I don’t get it either.How is it identity theft if the mother willingly signed over power of attorney?

FidelC

3/25/2009 12:32:26 PM

because even if you have POA – your are responsible for acting as a fiduciary and in the best interest of the client/relative/other.Personal loans to yourself from their accounts is not in their best interest.

apm8945@hotmail.com

3/25/2009 12:46:12 PM

With that 666 first three as part of home and business phone numbers in Louisville / Lafayette, there’s a heckuva lotta evil in those parts.

loxley

3/25/2009 12:53:00 PM

Make them drink urine.

thinice

3/25/2009 12:54:58 PM

YIKES… re-insert that photograph, DC. Scared me more than any Alex Midyette pictures.

Ibbits

3/25/2009 12:56:45 PM

Nice “World Beer Tour” T-shirt.

johnbarleycorn

3/25/2009 1:05:46 PM

“Personal loans to yourself from their accounts is not in their best interest.”

Yes, it can be.

If the loans are legit, disclosed, documented, and pay an interest rate of return equal to or better than current investment yields for the account.

TheBitterTruth

3/25/2009 1:11:08 PM

Is it just my browser, or is that photo hugely oversize and blocking much of the story text?

TheBitterTruth

3/25/2009 1:13:15 PM

Bitter – remind me never to appoint you as my POA.The funds were taken from a checking account – so not much interest but why didn’t they take personal loans from a bank, credit union, etc – bad credit? = bad personal loan.

It would be very unusual to take a personal loan from a fiduciary account, pay a higher interest rate than a lender approved loan – ie something stinks and this kind of thinking, backdoor finances,is why we are where we are today.

apm8945@hotmail.com

3/25/2009 1:40:44 PM

Bitter you answered your own questions:

If the loans are legit, disclosed, documented, and pay an interest rate of return equal to or better than current investment yields for the account.

These “loans” were not legit, they were not disclosed, they were not documented and there was no indication that any interest rate or return was discussed.

POA has already been discussed – you are still a fiduciary and responsible for the best interests of the person you have the POA for.

From this report these people are crooks.Besides – only the one son had POA not the granddaughter or the ex-wife.

my2cents

3/25/2009 2:23:38 PM

This is not the first time the Kassingers have been involved and prosecuted for a theft, Susan has a record for lifting money from the school system, she spent time on probation in the early 90’s. Bad apples, stealing from mom, even worse, bad, bad, bad……………….

thecondoguy1

3/25/2009 2:48:25 PM

My sister in Boulder has been ripping off my mother for years and hasen’t got caught but just maybe she might now ???

whvacman

3/25/2009 3:08:54 PM

This is a civil matter.Why are we using up police, jail and criminal court time and resources here?Let the affected parties file suit in CIVIL court.

disco_stu

3/25/2009 3:09:40 PM

Theft is a criminal matter – it may also have a civil component but stealing is a crime – and that means police and jail and criminal court.Just cause it’s a family member doesn’t make it any less of a crime.

my2cents

3/25/2009 4:13:57 PM

Theft is a criminal offence, theft from an at risk adult is indispicable, and a criminal offence, theft from your at risk adult parent, is indispicable, discusting, and, a criminal offence…………

thecondoguy1

3/25/2009 4:39:49 PM

my2cent,

And you assume that Police/DA press releases sent via the Daily Camera printing presses contain ALL the facts, or even ANY exculpatory facts beneficial to the accused?

This *could* be criminal theft, if the DA can prove the mens rea “intent to permanently deprive”. If these had been higher, whiter class people, it almost certainly would have been a case for Civil Conversion.

Will the Boulder DA now be auditing ALL intra-family loans where trustees have legitimate Powers of Attorney to manage a family member’s affairs?

Shall we start the audit with Members of the Boulder County Bar Association ?

TheBitterTruth

3/25/2009 4:44:09 PM

Now you’re just being offencive…:)

gsegiet@flash.net

3/25/2009 4:46:35 PM

thecondoguy1 enlightened us with: “…indispicable … indispicable, discusting …”

No Child Left Behind … indeed !!

TheBitterTruth

3/25/2009 4:46:57 PM

I tawt I taw a putty cat. Sthuffering Sthuccotash I did! I did taw a putty cat !

TheBitterTruth

3/25/2009 5:11:47 PM

btb why so bitter?

thesurfrider

3/25/2009 6:32:05 PM

Perhaps the family just ghost-wrote them. .Bitter is bitter

thesurfrider

3/25/2009 6:55:50 PM

If she’s on PERA then she’s living better than 90% of the state.That program is just welfare for teachers.

NukesInBoulder

3/25/2009 7:22:39 PM

This happened in my family and it is considered Elder Abuse and is criminal.

My Aunt stole over $500,000 from my Great Aunt. She had POA and was her trustee. She took money that she wasn’t even suppose to have access to, but the bank didn’t prevent it. (The DA stated this fact about the bank in court papers)

My Aunt was convicted and spent about 5 months in jail. She was released due to over crowding. And has since passed away.

My Great Aunt never saw any of her money again, we don’t even think she realized how much she had. She lived very frugally and she and my Great Uncle worked very hard and made smart, sound investments to make sure that she could live a secure life and grow old gracefully.

The scary thing is, Elder Abuse happens all the time and most of the victims either don’t know what is happening or are embarrassed to report it.

The National Center on Elder Abuse believes that for every 1 incident that is reported, there are 5 cases that go unreported.

http://www.ncea.aoa.gov/ncearoot/Main_Site/index.aspx

For anyone interested they have information on Power of Attorney Abuse.

Please keep an eye on your family members and report anything suspicious.

BoulderMath

3/25/2009 7:53:47 PM

Nukes- PERA is not welfare, people pay into that, it’s retirement and it’s not just teachers that get it.

S_S_Mama

3/25/2009 10:05:53 PM

Hey boulder math how did you get results I turned my sister in about her stealing my mother blind { she is an adoptid child} and they did nothing to investegate heck even one of my mothers care givers spoke with them and told her what a theif she is and nothing happened ?? Guess that is what happens in Weld county !!!

whvacman

3/26/2009 8:23:34 AM

What do you want to bet will be the end result here? I’d bet the three offenders get a slap on the wrist and a lecture to “don’t do it again”. If Boulder is reluctant to prosecute violent crime, then stealing from Gram is not going to rate much of a response.

rael137@yahoo.com

3/26/2009 9:28:58 AM

@whvacman:

What does your sister being adopted have to do with it?

yev

3/26/2009 9:45:40 AM

NukesInBoulder:

PERA is a retirement fund available to state employees (like a 401K). Our $$ goes into that instead of Social Security.

sej4108

3/26/2009 4:45:26 PM

“Hechuva lotta evil,” Your an idiot loxley. Your the type of person that gives Boulder a bad rap.

ChosenOne

3/30/2009 5:13:03 PM