UPPER EAST SIDE (PIX11) — An Upper West Side woman has been charged with stealing more than $342,000 from her ailing 91-year-old mother.
According to Queens District Attorney Richard A. Brown, the woman stole the money from her mother’s bank account between 2010 and 2013 and was allegedly using the money to buy spa treatments, clothing, taxi rides and alcohol.
Officials say Barbara Schwartz, 62, of East 71st Street, took over her mother’s finances in 2008 after her mother suffered a stroke.
“The defendant’s mother spent a lifetime acquiring the assets needed to make her final years comfortable and free of the stress of financial worry, only to suffer a stroke and have her daughter allegedly steal the money for her own personal use,” District Attorney Brown said.
Officials say that between April 1, 2010, and May 30, 2013, Schwartz stole $342,715 from her mother’s bank account by unlawfully transferring the money directly to her bank account. The money was then allegedly used for alcohol, taxi services, clothes and spa treatments.
Schwartz was arraigned Tuesday afternoon on a four-count indictment charging her with second- and third-degree grand larceny and second- and third-degree criminal possession of stolen property. Schwartz, who faces up to 15 years in prison if convicted, was ordered held on $50,000 bond/$25,000 cash bail and to return to court on June 23, 2015.