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Husband and wife William and Karen Young entered guilty pleas to stealing $227,000 from William “Bill” Young’s grandparents. Bill Young’s grandmother Francies Gibbs, 93, and her husband Harland Gibbs, 92, moved into assisted living in September 2008. In November 2010, Westminster police were called by an elder law/probate attorney regarding what appeared to be theft from the couple’s accounts. Bill Young had power of attorney for his grandmother, Francies Gibbs. Between June 2009 and December 2010, he and his wife emptied Francies and Harland Gibbs’ bank accounts and used their credit cards for their personal expenses. Credit card receipts showed that Bill and Karen Young used the money to pay their $6,000 monthly mortgage, cable and utility bills at their home at 10857 Ouray Street in Commerce City. They also used the stolen funds to pay their cell phone bills, purchase airline tickets to Las Vegas, and to shop online and in retail stores. At the plea hearing on March 27, Bill Young’s defense attorney said that Bill and Karen Young spent an average of $12,000 a month of Francies and Harland’s money. They stole a total of $227,000. Francies Gibbs passed away in January, 2013. Harland Gibbs passed away in November 2010, prior to the case being filed. On March 28, William Young, 41, pled guilty to Theft of an At-Risk Adult -- over $500 (F3). He could potentially be incarcerated for 4-12 years when he is sentenced on May 13 at 3:30. Karen Young, 42, pled guilty to Theft of an At-Risk Adult – less than $500 (F5). She could potentially face from 1-3 years in prison. She will also be sentenced on May 13 at 3:30.
March 29, 2013
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