Former Retirement Center Business Manager Sentenced To Nearly Three Years In Prison For Stealing More Than $190,000 From Elderly Resident

RENO, Nev. – A former Business Manager for the Reno Valley Retirement Center was sentenced today to 33 months in prison for stealing from an elderly resident’s bank account, announced Acting U.S. Attorney Steven W. Myhre for the District of Nevada.

Angela Diane Fischer, 52, of Fernley, Nevada, pleaded guilty to one count of mail fraud. In addition to the prison term, U.S. District Judge Miranda M. Du sentenced Fischer to three years supervised release and ordered her to pay restitution to the victim in the amount of $190,231.26.

Fischer admitted that from Dec. 24, 2014 to June 3, 2016, she fraudulently obtained $190,231.26 from an elderly man’s bank account for her personal benefit. She changed the password for the man’s online banking account, so she could access and set-up automatic payments from his bank account to pay his rent at the Reno Valley Retirement Center. As part of the scheme, she fraudulently sent approximately 37 checks to herself and transferred money from the man’s savings account to checking account in order to conceal the money that she was taking without his permission. Furthermore, Fischer continued to withdraw money from the man’s account after she was terminated from the Reno Valley Retirement Center in June 2015.

The case was investigated by the Reno Police Department with assistance from the FBI. Assistant U.S. Attorney Megan Rachow prosecuted the case.

For more information about the Department of Justice’s efforts to prevent and combat elder abuse, visit the Elder Justice Initiative website at https://www.justice.gov/elderjustice. If you or someone you know is a victim of elder abuse, call the Victim Connect hotline at 1-855-4VICTIM (1-855-484-2846).

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