South Lyon woman charged with embezzling over $200K from vulnerable adult
FOX 2 - A 64-year-old South Lyon woman was arraigned in an embezzlement case, accused of stealing over $200,000 from a vulnerable adult.
Tracie Green is charged with two counts of embezzlement from a vulnerable adult $50,000 or more but less than $100,000 and one count of embezzlement from a vulnerable adult $100,000 or more.
Investigators say Green was a family friend of the victim and offered to help care for him as he started to decline cognitively.
During this time, Green allegedly attempted to add herself to the victim’s condo interest in South Lyon and also facilitated changes to the victim’s investment accounts in 2018 and 2020.
These changes ensured she would inherit half of the value of the accounts, which totaled over $400,000, upon the victim’s death. The victim died in 2021.
"It’s both baffling and reprehensible that people, especially those trusted by the victims and their families, take advantage of vulnerable members of our community for their own personal gain," said Attorney General Dana Nessel. "Our seniors deserve protection from such predatory behavior, and my department remains committed to holding accountable those who prey on vulnerable adults."
Green was given a $50,000 personal recognizance bond. She will next appear in court on Dec. 18.