Wednesday, April 17, 2013
James J. Demitro, a 43-year-old man from Matawan, New Jersey, admitted to stealing about $1 million dollars and the family home of a terminal cancer patient with dementia.
Demitro defrauded the 87-year-old Red Bank woman by posing as her nephew and hiring attorneys to draft a will naming him executor and full beneficiary of her estate. Demitro also had attorneys transfer the deed of the woman’s home to himself for $1. He was arrested with over $600,000 found in his bank accounts and a $150,000 Ferrari Spyder in his possession. Under the terms of his plea agreement, Demitro now faces eight years in prison for attempted impersonation and theft by deception.
See Rob Spahr, Matawan Man Admits to Stealing $1M, House from Dying Woman with Dementia, www.nj.com, Apr. 12, 2013.