Melbourne man accused of stealing more than $1m from his ailing mum and draining her bank accounts

Melbourne man accused of stealing more than $1m from his ailing mum and draining her bank accounts 2
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Melbourne man accused of stealing more than $1million from his ailing mum and draining her bank accounts in alleged four year scam as cops swoop on his house to seize documents and arrest him

  • A Melbourne man was arrested for stealing more than $1m from his mother
  • Advocates for the Gold Coast mum alerted police on the alleged four-year theft
  • Detectives raided a man’s home last week before seizing documents and folders
  • It comes as World Elder Abuse Day is commemorated in Australia on Wednesday
  • The 64-year-old accused will front court in July after being arrested last week 
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A man accused of swindling his mother out of more than $1million has been arrested after financial crime detectives caught on to his alleged four year scam.

The 64-year-old man from Melbourne allegedly stole $1.145million from his 83-year-old mother, with police saying she was too unwell to give him permission to access her money.

Detectives from the Financial Cyber Crime Group allege the son spent four years siphoning money from his  mother’s accounts to put it into his between 2014 and 2018.

Detectives spoke to a Melbourne man (pictured) over allegations his mum was swindled out of $1million from her accounts

Detectives spoke to a Melbourne man (pictured) over allegations his mum was swindled out of $1million from her accounts

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Vision emerged of police making a dawn raid on a Melbourne property last week where they searched through the house, confiscating folders and papers

Vision emerged of police making a dawn raid on a Melbourne property last week where they searched through the house, confiscating folders and papers

The elderly woman did not have capacity to provide her son with permission to access the funds due to an illness, Queensland Police said. 

Police allege the man ‘never held an authority of enduring power of attorney to lawfully access her finances’.

The son is also accused of helping himself to his mum’s debit card, making more than $150,000 worth of purchases and withdrawals over the four years.

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By 2018, the mum’s bank account was almost completely empty which police allege was drained by the son.  

He was charged with fraud of more than $100,000 and will face Brisbane Magistrate’s Court on July 4.

Queensland Police went to Melbourne to search a home (pictured) with assistance from the Victoria Police Financial Crime Squad

Queensland Police went to Melbourne to search a home (pictured) with assistance from the Victoria Police Financial Crime Squad

Police leave the Melbourne property (pictured) last week after seizing documents and files from a home

Police leave the Melbourne property (pictured) last week after seizing documents and files from a home

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Queensland’s Public Trustee, which acts in the best interest for Australians, tipped off police about the son’s alleged scam against his mother.

Public Trustee CEO Samay Zhouand said almost all cases of elder abuse occur within family relationships.

‘It’s devastating, but over 80 per cent of financial elder abuse reports in Queensland involve family or friends,’ Mr Zhouand said. 

The organisation raises awareness to protect ageing Queenslanders from abuse, which includes financial, physical, psychological, sexual and neglect.

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Vision emerged of police making a dawn raid on the man’s Melbourne property last week where they searched through the house, confiscating folders and papers.

Queensland detectives travelled to Melbourne to execute the search warrant at an Elwood residence with assistance from Victoria Police Financial Crime Squad. 

Detective Superintendent Lance Vercoe of the Financial and Cyber Crime Group said offences against elderly people were ‘disturbing’.

‘In all of my 42 years of policing, I find these types of offences the most gut wrenching and disturbing, that someone could treat their loved ones this way,’ Detective Superintendent Vercoe said.

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‘I would recommend that the elderly and vulnerable never feel ashamed and to take control if this behaviour occurs and always reach out to a support person or friend’.

The Public Trustee said more than 80 per cent of reported financial elder abuse in Queensland involve family or friends mismanaging their role as attorney

The Public Trustee said more than 80 per cent of reported financial elder abuse in Queensland involve family or friends mismanaging their role as attorney

The arrest comes the same week as World Elder Abuse Day, which raises awareness for what some advocates label as a ‘global epidemic’.

Senior Rights Victoria said the day was held to highlight elder abuse as ‘one of the worst manifestations of ageism and inequality in our society’.

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The organisation said 284 calls were made to its helpline last April, with almost 60 per cent of those relating to elder abuse. 

One in six older Australians said they experienced elder abuse in a given year, a report from the Attorney-General’s Department said.

About 15 per cent of Australia’s population is aged over 65 – making up around 3.7million people, with numbers forecast to rise to 23 per cent by 2055.

The Public Trustee in Queensland said elder abuse was a ‘serious and growing concern’ and estimated around 25,000 cases are going unreported. 

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