Greedy Son Accused of Stealing Over $100,000 from His Disabled Father
BROOKSVILLE – A Spring Hill man is accused of committing a despicable act against his own aging father, after officials say he stole over $100,000 from the victim’s bank account.
According to the Hernando County Sheriff’s Office, in October of 2015, 39-year-old Vincent Caliendo obtained Power of Attorney over his father, Bernard Caliendo, after Bernard had been diagnosed with early-stage dementia. During this time, Bernard continued to care for himself and pay his own bills.
In March of 2016, Bernard noticed discrepancies in his bank accounts and later determined through a criminal investigation that his own son had withdrawn a total of $105,888.99 from his checking and savings accounts.
Over the course of the investigation, detectives discovered several electronic transactions from Bernard’s bank accounts into Vincent’s bank account. Emboldened with a sense that he would not get caught, on March 29th, 2016, Vincent withdrew $100,863.67 in the form of a cashier’s check from Bernard’s bank account. Vincent then deposited the entire amount into his Fargo Bank checking account located in Clermont, FL. After depositing the check, he then requested the full amount in cash but the bank was unable to fulfill the request due to lack of funds. On April 4th, 2016, Vincent was given $10,000 and then returned on April 6th to retrieve the balance of $89,472.73 in cash.
Officials say, due to the diligence of the Wells Fargo staff, notes had been placed in Vincent’s and Bernard’s accounts regarding the criminal investigation. The Clermont Police Department responded to the Wells Fargo Bank and seized the cash from Vincent before he left the premises. On April 20th, 2016, the Clermont Police Department returned to the bank and seized the remaining balance of $89,472.73 from Vincent’s bank account. Those funds were returned to Bernard Caliendo in the form of a check issued by the Hernando County Sheriff’s Office.
In addition to the brazen heist, detectives also learned that Vincent attempted to obtain a “reverse mortgage” on Bernard’s residence. Officials say the final documents were sent for signature but were never completed because they were mailed to Bernard’s residence.
Based on the information gathered during the investigation, detectives obtained a warrant for the arrest of Vincent Caliendo, charging him with Exploitation of an Elderly Person or Disabled Adult and Grand Theft.
Vincent Caliendo was located and arrested in Lexington County, South Carolina on May 30th of this year, thanks to a Crime Stopper tip. Vincent has since been extradited back to Hernando County and he remains in the Hernando County Jail on a $20,000 bond.
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