Denver Conservator Charged With Swindling
DENVER (AP) _ A court-appointed conservator has been charged with swindling a 101-year-old Alzheimer’s victim out of almost $2 million that she saved working as a telephone operator.
Harry Krausman was arrested and charged Monday with theft and conspiracy after investigators said he took $1.9 million from Alberta Wittlich’s estate. He was released on $75,000 bond.
Krausman, 65, a certified public accountant, was appointed conservator of Wittlich’s estate and co-guardian in 1995, according to an arrest affidavit.
Jo Ann Alford, Wittlich’s niece, said her aunt trusted Krausman, who had prepared her income tax returns for several years.
Alford said Wittlich, who is in a nursing home, worked for 44 years for Bell Telephone Co. and US West as a phone operator. She invested heavily in Bell stock and plowed the dividends back into buying more stock.