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   Family members accused of financial exploitation - Crime & Courts -   
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   Family members accused of financial exploitation   
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   Kay Fate, kfate@postbulletin.com | Updated 2 weeks ago   
      
   Three members of a family have been charged with a total of 32 felonies after   
   authorities say they bilked another family member out of nearly $400,000.   
      
      
   Jessica Lynn Polikowsky, 38, and Jason Donald Polikowsky, 30, both of   
   Chatfield, have each been charged with 14 counts of financial exploitation of   
   a vulnerable adult. Donald George Polikowsky, 62, of Rochester, faces four   
   counts of the same charge.   
      
   The three are scheduled to make their first appearances Sept. 11 in Olmsted   
   County District Court.   
      
   The case began Nov. 29, 2012, when the Olmsted County Adult Protection team   
   received information about a possible exploitation. A witness from a financial   
   advisement company told the alleged victim's daughter that Jessica Polikowsky   
   had been accessing    
   the victim's accounts frequently and had taken out large amounts.   
      
   The victim had been diagnosed with dementia-Alzheimer's in 2009.   
      
   The financial consultant called the victim to talk about it, the complaint   
   says, and she "seemed confused and didn't understand what was being talked   
   about." Jessica Polikowsky then contacted the consultant and told him to send   
   information directly to    
   her, not the woman.   
      
   Criminal complaints against the Polikowskys pieced together the events that   
   allegedly occurred from July 28, 2011 -- the day Donald Polikowsky and his   
   daughter-in-law Jessica Polikowsky were appointed powers of attorney for his   
   mother -- until an    
   emergency conservatorship was granted to Olmsted County Adult Protection in   
   January 2013.   
      
   Jessica and Jason Polikowsky are a married couple.   
      
   New home, annuities   
      
   On Aug. 9, 2011, a certificate of deposit belonging to the alleged victim and   
   worth $40,045.89 was cashed out. Between that day and Sept. 13, 2011, the   
   couple made cash payments for equipment for business equipment and   
   recreational vehicles totaling more    
   than $15,300; purchased a vehicle for $6,454 and made cash deposits into   
   Jessica Polikowsky's bank accounts totaling $8,461.   
      
   A sum of $9,705 remains unaccounted for.   
      
   On Aug. 11, 2011, about $5,430 was charged to the woman's credit card for a   
   snow plow and accessories belonging to Jason Polikowsky, the report says.   
      
   According to the complaint, a $5,000 check was written Sept. 20, 2011, on the   
   joint checking account of the woman and Donald Polikowsky for the purchase of   
   a home in Chatfield; the down payment was made using funds from surrendering   
   her annuities with    
   two investment companies. The mortgage, recorded on Jan. 20, 2012, lists only   
   the alleged victim on the promissory note, making her solely responsible for   
   the payment.   
      
   On Sept. 29, 2011, a CD belonging to the woman and worth $78,500 was cashed   
   out and transferred to Jason Polikowsky for the purchase of a home he and his   
   wife share with their children, the complaint says.   
      
   Also on Sept. 29, 2011, one of the financial advisement companies received a   
   withdrawal request for a full surrender of the woman's annuity totaling   
   $24,105. On Sept. 30, 2011, the other company received a partial surrender   
   request of $50,000; both    
   annuities were deposited into the woman's account on Nov. 2.   
      
   On Nov. 4, a $75,000 check was also written from the joint checking account,   
   reportedly to be used as the down payment for Jason and Jessica Polikowsky's   
   house.   
      
   'Gift' checks   
      
   The woman signed a full surrender request for another account on Jan. 31,   
   2012; a $30,491 check on the annuity was issued Feb. 15, 2012. Two days later,   
   a check for $15,200 was written to Jason Polikowsky. A check for the same   
   amount was issued Feb. 22    
   to Donald Polikowsky. Both checks were classified as "gifts."   
      
   Also on Feb. 22, 2012, two $10,000 checks were written from the woman's joint   
   account with Donald Polikowsky, one to him and one to Jason Polikowsky, the   
   complaint says.   
      
   Two months later, Jessica Polikowsky requested a full annuity surrender from   
   yet another investment company. When told she wasn't listed on the file, she   
   placed the woman on the line. According to the complaint, the woman became   
   confused and didn't    
   understand the purpose of the call. The forms were sent to Jason Polikowsky's   
   business email.   
      
   On April 27, 2012, the company issued the woman a check for nearly $56,500.   
   Four days later, two checks were drawn on the joint account, one to Jason   
   Polikowsky and one to Donald Polikowsky. Each check was drawn for $27,500 and   
   classified as "gifts."   
      
   Three weeks later, the woman was issued a check for $31,625 from an investment   
   company; the funds were deposited into her joint account with Donald   
   Polikowsky. Within two days, checks totaling $31,445 were drawn on the   
   account, one to him and one to    
   Jason Polikowsky.   
      
   On June 5, 2012, a cashier's check for $18,000 was drawn from the joint   
   account and issued to Jason Polikowsky.   
      
   Beneficiaries, default   
      
   Similar transactions were reportedly completed in September and November 2012.   
   At some point during 2011, the woman's beneficiaries were changed on three   
   life insurance policies, the complaint says, making Donald and Jason   
   Polikowsky the primary co-   
   beneficiaries and Jason's children were added as first contingent   
   beneficiaries on all accounts.   
      
   Prior to the changes, the woman's children were all equal primary   
   co-beneficiaries.   
      
   On Nov. 26, 2012, the vulnerable adult received a letter saying the mortgage   
   payment on Jason and Jessica Polikowsky's house was late and the account was   
   in default. The couple had allegedly not made any house payments since January   
   2012, making the    
   victim responsible.   
      
   In 2013, the home's taxable value was $399,500. Its estimated market value was   
   $414,900.   
      
      
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