Bennington couple sentenced to state prison for stealing from elderly relative - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
November 30, 2018 Newswires
Share
Share
Post
Email

Bennington couple sentenced to state prison for stealing from elderly relative

New Hampshire Union Leader

Nov. 30--CONCORD -- A husband and wife from Bennington were sentenced to state prison Thursday for stealing tens of thousands of dollars from the man's elderly sister, the Attorney General's Office announced.

James Folley, 69, and Karen Folley, 62, both of Bennington, were sentenced Thursday in Hillsborough County Superior Court, Northern District. James Folley was sentenced on three counts of theft by unauthorized taking and one count of financial exploitation of an elderly adult, while Karen Folley was sentenced on two counts of theft by unauthorized taking.

The Folleys were convicted of these offenses on Nov. 1 following a jury trial. James Folley was sentenced to one to four years in the New Hampshire State Prison for stealing $44,500 from his elderly sister's bank account, as well as two concurrent sentences of 7 1/2 -15 years in state prison for stealing more than $40,000 from the victim by using a debit card linked to her bank account to make ATM withdrawals and retail purchases, and 1-2 years in prison for stealing an additional $1,237 while acting for his sister under a durable power of attorney.

Folley was ordered to pay restitution of $90,030.27.

Karen Folley was sentenced to 1-2 years in the New Hampshire State Prison for her role in stealing more than $20,000 from Mr. Folley's sister using the debit card for retail purchases. She was sentenced to a consecutive 7 1/2 -15 years in state prison, fully suspended for 10 years, for her role in stealing more than $20,000 by way of ATM withdrawals. The sentence is conditioned on her good behavior, that she not serve in a fiduciary capacity for someone else, and restitution payment of $44,293.27.

According to the news release, state prosecutors began investigating the allegations against the Folleys in March 2016 after learning of them through the Bureau of Elderly and Adult Services, a division of the N.H. Department of Health and Human Services.

According to a press release from the Attorney General's Office, the Folleys took more than $22,480 from the victim through ATM withdrawals and spent around $20,000 of the victim's money from debit card transactions.

Additionally, James withdrew $1,237 from the victim's bank account and transferred an additional $50,000 from the victim's account to his personal account without her authorization, leaving her unable to pay for medical and other long-term care expenses.

___

(c)2018 The New Hampshire Union Leader (Manchester, N.H.)

Visit The New Hampshire Union Leader (Manchester, N.H.) at www.unionleader.com

Distributed by Tribune Content Agency, LLC.

Older

Man sentenced for embezzling at least $2M from Palm Beach charity

Newer

Sarah Palin reports home damaged in Alaska earthquake

Advisor News

  • The conversation almost no advisor is having yet
  • Why advisors should offer retirement-longevity planning
  • A hybrid approach outperforms the 4% Rule, researchers find
  • The missing piece in most retirement plans
  • Clients are bringing TikTok insurance advice into advisor meetings
More Advisor News

Annuity News

  • Sammons Enterprises & Sammons Financial Group Respond to Reports
  • The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
  • Cayman Islands premier to meet with U.S. reinsurance regulators
  • Investigation finds deceptive sales, churning of annuities targeting postal workers
  • Corebridge annuity sales slip ahead of Equitable marriage
More Annuity News

Health/Employee Benefits News

  • UB students research cancer at Roswell Park. But they struggle to afford health insurance
  • Meet the UB cancer research students pushing for affordable health insurance | Video
  • Arkansas officials confident people on Medicaid expansion will retain health coverage
  • Florida lost 450,000 ACA enrollees in 2026 as premiums rose an average of 37% nationally, new data shows
  • Sand says he’d undo Iowa’s private Medicaid management on Day 1
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Americans without children are less confident about retirement, Allianz finds
  • The conversation almost no advisor is having yet
  • DELAWARE INSURANCE DEPARTMENT DETAILS REVIEW OF BRIGHTHOUSE ACQUISITION
  • Sammons Enterprises & Sammons Financial Group Respond to Reports
  • Court losses bring Greg Lindberg fraud victims closer to restitution
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
  • Royal Neighbors Unveils Its 2026 Scholarship Recipients 2026 Royal Neighbors Scholars Making a Difference Across the Country
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet