Shreveport Man Charged With Stealing Retirement Savings of Mentally-Challenged Acquaintance
A Shreveport man already jailed on unrelated charges now faces more charges, for stealing the retirement savings of a mentally-challenged acquaintance.
Caddo Sheriff Steve Prator says the 55-year-old victim sought help from Terence Carthren, whom he knew from his neighborhood, in withdrawing money from his 401k account. Carthren got the victim’s personal information and used it to withdraw all the victim’s money, according to Sheriff’s Detective Yomeka Evans.
The victim’s retirement check for more than $35,000 was mailed to Carthren’s home address and later deposited into a Bank of America checking account that Carthren opened online. Then he used the information to open several new lines of credit.
Carthren was jailed at Caddo Correctional Center on unrelated charges. He now faces new ones of identity theft and theft of assets of an aged or disabled person.