CLARKSVILLE, TN (CLARKSVILLE NOW) – A local woman was arrested and charged with identity theft and elderly neglect after TBI investigation revealed she was withdrawing large amounts of money from her elderly client’s account.
According to a news release from TBI, after receiving a complaint in November 2021, at the request of 19th Judicial District Attorney General Robert Nash, TBI special agents began investigating an allegation of financial exploitation of an elderly victim.
During the investigation, agents discovered that on multiple occasions, caretaker Kathey Nance drove her client to the bank and assisted her in withdrawing large sums of money that Nance then took possession of, and sent to another account through a Bitcoin ATM.
The total of all of the cash withdrawals from March 2021 to February 2022, was approximately $116,000. The investigation showed that Nance ignored the daughter of the client’s request to stop taking her client to the bank for withdrawals.
According to TBI, Nance also created an account in the victim’s name, using personal information of the victim’s daughter without the daughter’s permission.
On April 4th, the Montgomery County Grand Jury returned indictments charging Kathey Nance, 67, with one count of Caregiver Neglect Elderly Adult and one count of Identity Theft – Obtain, Possess, Buy or Use Personal ID of Another.
On April 11th, Nance was arrested and booked into the Montgomery County Jail on a $25,000 bond.