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Couple accused of financial exploitation

A Rochester couple faces multiple felonies after authorities say they spent more than $30,000 of a relative's money.

Michael Thomas Krahn, 55, and Jennifer Mary Krahn, 50, will make their first appearance Sept. 14 in Olmsted County District Court, where they've been both been charged with four counts of financial exploitation of a vulnerable adult.

The investigation began when a family member reported concerns about the finances of the victim, claiming the couple was using the victim's money "to support their expensive lifestyle," the complaint says.

The victim, who lives at a senior living facility after a diagnosis of Alzheimer's disease, requires assistance with basic needs.

According to the criminal complaint, the Krahns have been responsible for the bills and expenses of the victim, and both have access to the victim's accounts.


An investigator noted several suspicious transactions and withdrawals from the accounts, court documents say, including the use of credit cards. The victim reportedly told officials the couple hadn't been told they could use the money for themselves.

The Krahns are accused of spending $30,294.28 from August 2012 through April 2014.

The charge is punishable by up to 10 years in prison, a $20,000 fine, or both.

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