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Yankton Woman Pleads to Embezzlement of Property Received in Trust

FOR IMMEDIATE RELEASE:  Tuesday, February 28, 2017     
CONTACT:  Sara Rabern (605) 773-3215   

PIERRE, S.D. – Attorney General Marty Jackley announced that Cora Sharon Van Olson, 50, Yankton, pled guilty to one count of embezzlement of property received in trust. She was given a suspended imposition for 4 years with 120 days to serve in the county jail.
As power of attorney for her elderly mother, Van Olson embezzled $71,096.78 between January 1, 2012 through December 31, 2014. She also received $25,251.17 in Nebraska Medicaid benefits for her mother.  As part of the plea agreement, Van Olson has begun paying restitution in both South Dakota and Nebraska.

This case was investigated by the South Dakota Attorney General’s Elder Abuse and Financial Exploitation Subdivision and assisted by the Division of Criminal Investigation and the Nebraska Medicaid Fraud and Patient Abuse Unit.  The case was prosecution by the South Dakota Attorney General’s Elder Abuse and Financial Exploitation Subdivision and assisted by the Yankton County States Attorney and the Nebraska Office of Attorney General.

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