She was living the luxurious lifestyle of a Palm Beach multi-millionaire, buying a $2.3 million beachfront penthouse and a $170,000 Bentley.
However, investigators said Nancy Tsai was not a wealthy socialite, just a con artist who allegedly defrauded a 92-year-old woman with Alzheimer’s disease out of millions of dollars.
[....]
the elderly victim amended her living will in 2013 to give Tsai control over her trust account, despite the fact that she was suffering from dementia, and her doctor determined she had “zero mental capacity.”
[....]
Tsai not only bought the penthouse, but spent more than $569,000 renovating and furnishing it. According to the arrest affidavit, Tsai claimed the penthouse was bought to provide lodging for the elderly woman’s 24-hour medical staff once she was released from assisted living.
Tsai also apparently had expensive tastes, dining out and racking up hefty bills at the finest restaurants on Palm Beach. Tsai spent more than $7,000 at Café L’Europe and $3,000 at Chez Jean Pierre, eating out on the elderly woman’s dime. Tsai also allegedly bought flights to and from New York City and even chartered a Lear jet to Toronto for nearly $30,000.
Palm Beach police arrested Tsai, who is now charged with exploitation of an elderly person and larceny.
