Teaneck Man Bilked Mother's Elderly Friend Out of $122K, Prosecutors Allege

A Teaneck man is accused of financially exploiting an elderly woman and close friend of his mother's who had been under her care, Bergen County Prosecutor John L. Molinelli announced Wednesday.

Prosecutors allege Patrick Reynolds, 50, took approximately $122,000 from the victim's bank accounts for personal use between July 2011 and July 2012, after gaining power of attorney for the victim while she recovered from an illness under his mother's care.

The victim's nursing home bills, property taxes and other daily expenditures were not made during the year Reynolds held power of attorney, Molinelli said in a statement. 

Reynolds' power of attorney was rescinded on July 11, 2012, after a superior court judge declared the victim unable to care for herself and granted permanent guardianship to her daughter. At that point, all withdrawals from the victim's bank accounts ceased, Molinelli said.

Reynolds faces charges of theft by failure to make required disposition of property received, misapplication of entrusted property and neglect of the elderly.

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