Florence man sentenced for financial exploitation of his father
by Robert Joseph Baker | November 1, 2017 6:15 pm
Attorney Gen. Alan Wilson announced Wednesday that a 55-year-old Florence man has pleaded guilty to the financial exploitation of his father.
Randy Edward Hughes of Florence faced a maximum potential sentence of five years in prison, a $5,000 fine or both. After his guilty plea on Tuesday, Hughes was sentenced to repay his father $110,000 by Nov. 1 and pay the balance of 458,978.74 in restitution during five years of probation.
According to reports, Hughes was the power of attorney for his 85-year-old father, Daniel Hughes. He was also a joint holder on the victim’s bank accounts. In 2011, Hughes admitted his father into an assisted living facility, Wilson asserted. He then stole more than $159,000 from his father’s bank account, which represented all of the victim’s life savings. He then closed the account within six months.
Hughes also reportedly took $9,590 from his father’s checking account.