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A Saskatoon-area woman has been charged with theft by power of attorney after allegedly abusing that power to steal funds from a victim’s bank account.
According to the RCMP, officers got a report about funds being stolen from a bank account back on June 17. The police force said an investigation found that an individual who had been granted power of attorney “was allegedly withdrawing funds from the victim’s bank account without consent.”
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The Mounties said the woman is now facing three charges: theft by power of attorney, fraud over $5,000 and misappropriation of money held under direction.
She’s expected to appear in court in Saskatoon next month.
“It’s important for everyone to regularly review their financial statements and account activity, even when a trusted person has been granted Power of Attorney,” Billy Groenen, an RCMP staff sergeant, said in a statement.
“Anyone could become a victim. Warning signs of potential financial exploitation may include unexplained withdrawals, missing funds, sudden changes to banking arrangements, and/or unpaid bills despite available funds.”
Groenen advised anyone who believes they or a family member has been a victim of financial exploitation or any similar crimes to contact police directly.
