A Kenton County man was sentenced Monday to three years in prison on federal charges of exploiting an elderly woman out of more than $250,000.
Gordon Powell, 45, of Ludlow pleaded guilty in May to one count of wire fraud, according to a news release from the U.S. Attorney for the Eastern District of Kentucky. Powell admitted that he befriended a Kenton County woman in her eighties who had dementia-like symptoms and persuaded her to make him her power-of-attorney, the release says. Powell was then able to make decisions on her behalf.
Powell liquidated hundreds of thousands of dollars of the woman's assets and transferred more than $250,000 to his personal accounts, according to the release.
Powell used the money to buy a house and a Cadillac Escalade, which he had to forfeit as part of his sentence, the release stated.
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