Q: If POA steals $500,000 then files bankruptcy, can they be held accountable in any way? Mom can't pay for nursing now.
1 Answer | Asked in Elder Law for Pennsylvania on Jan 8, 2013.
Answered On May 18, 2013
If the agent "stole" $500,000 then he/she can be criminally prosecuted and ordered to pay restitution. Mother's new POA or guardian should be talking with an elder care law as to what actions can be taken against the former agent. Is mother eligible for Medicaid? That will pay for her stay in a nursing home.