Caregiver steals over $100K from elderly client

In Montgomery County, Tennessee, a caregiver has been charged with multiple offenses after allegedly manipulating her elderly client to withdraw substantial sums of money from her bank account. Kathey Nance, 67, reportedly stole more than $116,000 from the victim within a year, according to the Tennessee Bureau of Investigation.

Investigators claim that between March 2021 and February 2022, Nance would drive her client to the bank, assist her in withdrawing large amounts of money, and then take the cash for herself. It is alleged that Nance would then transfer the stolen funds to another account using a Bitcoin ATM.

Despite being warned by the victim’s daughter to cease these activities, Nance persisted in escorting the elderly woman to the bank for further withdrawals. Additionally, Nance is accused of opening an account in the victim’s name and unlawfully using the personal information of the victim’s daughter without her consent.

On April 4, a grand jury indicted Nance on charges of caregiver neglect and identity theft. She was subsequently arrested and booked into the Montgomery County Jail on a $25,000 bond on Tuesday.

This case comes on the heels of a separate incident in Florida, where two healthcare workers also abused their elderly clients. They allegedly verbally abused and taunted a dementia-stricken woman during a live-stream. Authorities have since confirmed the safety of the victim in the Florida case.