WEST PALM BEACH, Fla. - A former officer of a now defunct investment fund has been arrested and charged with stealing over $94,000 from an elderly West Palm Beach man who had been diagnosed with having advanced Alzheimer's dementia, the Palm Beach County Sheriff's Office says.
Investigators say that Anthony Kehle, through his Safari Wildlife Fund, sold shares to a person that lacked the capacity to consent to enter into a financial transaction.
Deputies say that Kehle used the victim's deposit and credit cards for his own personal use while acting as the victim's caretaker, guardian and power of attorney representative.
Investigators say that the fraud took place from November of 2009 through August of 2010.
Kehle, according to his arrest report, used the victim's credit cards to pay for his personal expenses including auto detailing, spa treatments, groceries, auto tires, luxury dinners, country club charges, polo charges and movie tickets.
Kehle was booked into the Palm Beach County Jail on exploitation of the elderly charges.