An Anchorage couple will spend nearly four years behind bars for stealing hundreds of thousands of dollars from their adopted son.Click the link for the whole article.
Edward Drones, 62, and his wife Lori Wiley-Drones, 57, pleaded guilty in January to five counts of wire fraud and one count of filing a false tax return. On Tuesday, a judge sentenced each of the Drones to 46 months in prison.
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In settling the lawsuit, the state paid the boy about $824,000, which was put into a trust fund just before he turned 18, according to the indictment.
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But the couple spent about $1,000 a day during the first month in control of the trust fund, the prosecutors said. According to a sentencing memorandum, they bought a house in Washington state for $220,000, vehicles totalling about $67,000, and jewelry worth more than $38,000, the indictment says. About $128,000 went to credit card bills.
They left $15.05 in A.D.'s trust fund, the prosecutors said.
28 March 2013
Giving Bad Parents a Bad Name
From today's Anchorage Daily News: