BRIEF: Rock Falls man charged with stealing $142,000 from elderly woman

Feb. 22--STERLING -- A Rock Falls man is in Whiteside County Jail, accused of stealing more than $140,000 from an elderly woman over 4 years, Sterling police said in a news release Monday.

From Jan. 28, 2011, to Sept. 22, Timothy R. Boyd, 60, used his "position of trust and confidence" to take control of the nursing home resident's personal assets and finances at a local bank and a life insurance company, "knowingly and by deception" depriving her of $142,522.15, prosecutors say in court documents.

Boyd is charged with financial exploitation of an elderly person, and theft between $100,000 to $500,000, each punishable by 4 to 15 years in prison. As of Monday afternoon, he had not posted his $200,000 bond and did not have an attorney. He has court hearings Friday and Monday.

A local nursing home tipped off Sterling Police in September, and Boyd turned himself in to the Whiteside County Sheriff's Department on Friday, the release said.

In January 2004, Boyd was sentenced to 2 months in jail and 2.5 years' probation for aggravated DUI. In June 1992, he was sentenced to 2.5 years' probation for possession of a controlled substance.

___

(c)2016 the Daily Gazette (Sterling, Ill.)

Visit the Daily Gazette (Sterling, Ill.) at www.saukvalley.com

Distributed by Tribune Content Agency, LLC.