Financial Exploitation Conviction 01 Oct 13

A Danube man has been sentenced to 5 years of supervised probation and time served in jail for the financial exploitation of a vulnerable adult in Springfield. 65-year-old Terrance John Rickers pleaded guilty to the felony charge in Brown County Court and 5 other charges were dismissed. Rickers had reportedly been in charge of the victim’s finances since 2004, but began using the money without permission to pay his own bills and expenses. He admitted to the crimes, and told investigators that he had been a victim of theft himself, and had incurred additional financial problems due to a DWI conviction. In addition to the 47 days in jail and probation time, he will also be required to pay over $2,700 in restitution and nearly a thousand dollars in fines and fees.