The investigation began when the 90-year-old victim reported his suspicions to police in January 2009. Since then, the investigation has revealed that the victim's former caretaker, Stabley, had stolen a large amount of money from the victim's banking account over the past two years.
In July 2007, Stabley began handling the victim's financial matters. Police say Stabley would withdraw large amounts of cash for items such as a car, a new motorcycle, a new kitchen for Stabley's home, and a new roof and to pay off over $200,000 in mortgages.
The elderly victim did not authorize any of the purchases or large cash withdraws and was unable to view his own account statements due to his sight loss.
Bruce Stabley was arrested Wednesday night. He was later arraigned and committed to the Howard Young Prison after failing to post a $60,000 secured bail.
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