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Elderly Duo Guilty of $1M Fraud Scheme Targeting Vulnerable Individuals

Fraud, Bribery & CorruptionElderly Duo Guilty of $1M Fraud Scheme Targeting Vulnerable Individuals
Gloria Byars, 62, and Carlton Rembert, 69, have been found guilty for defrauding elderly, incapacitated individuals of over $1 million. Byars, a former court-appointed guardian, pleaded guilty to conspiracy, wire fraud, money laundering, and tax fraud. Rembert, her brother and co-conspirator, was found guilty after a four-day trial of conspiracy, bank fraud, and wire fraud. Between 2012 and 2018, Byars and her accomplices stole life savings from dozens of wards, diverting funds through unauthorized checks to controlled companies. Byars spent the stolen money on personal expenses. As part of her plea agreement, Byars will forfeit 36 gold Krugerrand coins. The duo faces maximum sentences of 20 to 30 years imprisonment and substantial fines for various charges. The case was investigated by the FBI, Delaware County District Attorney’s Office, and IRS Criminal Investigation, and is prosecuted by Assistant U.S. Attorneys Tiwana Wright and Samuel Dalke. U.S. Attorney Jacqueline C. Romero emphasized that fraud targeting vulnerable individuals will not be tolerated.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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