A Michigan man was extradited recently from Florida to Kosciusko County for his pending case from 2011.
Barry A. Coy, 57, Battle Creek, Mich., was arrested Saturday morning on one count of exploitation of an endangered adult and one count of theft.
On Oct. 26, 2012, an officer with the Kosciusko County Sheriff’s Department spoke with Coy’s nephew. He told the officer Coy and Coy’s sister, Colleen Schwalm, were given the power of attorney over his grandmother, according to a probable cause affidavit filed by the prosecutor’s office. Coy’s nephew said his grandmother is not capable of handling her affairs due to her mental incapacity. She was declared an endangered adult in Kosciusko County Superior Court I on March 8, 2012, according to the affidavit.
Between March 2010 and July 2012, Schwalm removed a total of $39,557 from the victim’s bank account and deposited it into her personal account. Schwalm also transferred the victim’s resident property deed into her name. On Dec. 31, 2011, Coy withdrew $52,713.74 from her bank account at Crossroads Bank, Syracuse, and deposited the money into his personal bank account.
On April 26, 2012, Schwalm was ordered to repay $19,000 to the victim’s bank account and transfer the property back in the victim’s name. Coy was ordered to return the money to the original account, and he has failed to comply with the court order. Coy was ordered to refrain from transferring, spending or gifting money from the account.
Coy was arrested and is being held in the Kosciusko County Jail on a $10,000 bond. He has a jury trial scheduled for Aug. 11.
Schwalm has not been charged in this case.
(Story By The Times Union)