LIMITED PRE-SALE TICKETS REMAIN FOR ALE FEST 2018 - GET YOURS TODAY!

Favorite

Monday, March 7, 2011

William Dilley, Bad Financial Advisor, Alters Old Woman's Will To Make Himself Rich

Posted By on Mon, Mar 7, 2011 at 10:32 AM

will.jpg

Financial advisers are supposed to bring you security and peace of mind, especially when they're assisting you in end-of-life details like your will and estate. It's stressful enough of a process thinking about death and the sum total of your time on Earth without worrying about whether advisers like William Dilley are out to scam you.

66-year-old William Dilley must have been in desperate straights, or saw a golden opportunity for a quick buck. One of his clients was a 93-year-old woman from Solon. She was sick and fading fast and there sat her estate, worth $750,000.

Dilley noticed that the woman had no relatives — no grandchildren, children, or sisters to check up on the paperwork. Her will left her accumulated wealth to a few friends, Holy Family Cancer Center, and Save-A-Pet.

They surely wouldn't miss her money, he thought to himself, and with the woman's mental health as shabby as her physical health, she would sign anything put in front of her, trusting her honorable financial adviser.

So in 2008, according to the News-Herald, he doctored up a new will, one which left the entire estate to himself and made him the sole executor. She signed the papers and died the next year, leaving Dilley with a quick and easy payload.

The report doesn't detail how authorities caught on to his scheme, but they eventually did. He's due in Cuyahoga County court March 14 to be arraigned on charges of tampering with records, perjury, attempted theft, and theft.

St. Peter is probably unimpressed with Dilley's efforts to bilk a lonely old woman and Dilley's clients, however many are left, are probably unimpressed in general.

Tags: , ,

Favorite

Comments

Showing 1-1 of 1

Add a comment

 
Subscribe to this thread:
Showing 1-1 of 1

Add a comment

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Calendar

© 2018 Cleveland Scene: 737 Bolivar Rd., Suite 4100, Cleveland, OH 44115, (216) 241-7550
Logos and trademarks on this site are property of their respective owners.


Website powered by Foundation