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Florida caretaker swipes $300K from elderly, disabled victim's retirement savings

William Tide spent stolen cash on strip clubs, car
Posted at 11:11 PM, Mar 21, 2017
and last updated 2017-03-22 22:52:03-04

Pasco County investigators arrested a man they say lured a woman to Florida, just to clean out her bank account. 

William Tide faces two charges of exploitation of an elderly, disabled person. 

Tide wasn't shy about showing off the results of his alleged crimes. 

Tide boasted on Facebook about buying a brand new Nissan, pictured at the dealership. 

But detectives tell ABC Action News, that money came from a scheme of stealing hundreds of thousands from an unsuspecting victim. 

"She had no idea her money was being used and she had no control," said Det. Gary Souto, with the Pasco County Sheriff's Office. 

According to PCSO, Tide met an elderly woman with mental issues online and convinced her to move from Connecticut to Tarpon Springs, promising he'd take care of her. 

"He was her caretaker and he failed," said Det. Souto.  "And he bled her dry for everything she had."

Investigators say in just five months, Tide took nearly $300,000 from the victim's retirement accounts. 

It all happened while the two lived together in a rented house in Holiday.  Deputies say the house was kept in complete disarray with no furniture. 

"You don't realize what goes on behind closed doors, a situation like that," said neighbor Ron Circo.  "I don't know how people can do that to other people.  It's disturbing."

Arrest documents from PCSO state that Tide spent thousands of the stolen money at Bare Assets, a strip club off U.S. 19 in Holiday.  Detectives say Tide was a regular who spent $9,000 at the adult establishment. 

When PCSO issued an arrest warrant, investigators told club management to be on the look out for Tide. 

He showed up Saturday and an employee snapped a picture of the vehicle's license plate he was traveling in.  That picture helped police track Tide down and make an arrest two days later. 

The victim, who a Pasco County judge declared incapable of caring for herself, is now staying at an assisted living facility. 

 

 

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