How did this happen?
Well, her house was sold to a private party for $440,000. Then there were tens of thousands of dollars in attorney and conservator's fees. My conservative guess would be in the $125,000 range. There was the ex parte petition to set aside funds in an attorney trust account and another petition that granted periodic fees paid to the professional conservator. The attorney trust account and periodic fees order by the court insures that Siracusa and his pals got what was left of the woman's estate. Oh that's right, a reverse mortgage and a new will making the conservator the executor. How convenient, he will now get paid the stautory fee as executor. I'm sure they put enough money away in that attorney trust account to cover the executor's fee. Almost forgot to mention what it cost to draft that new will. I believe it was darn near $10,000.
The saddest part of this story is that the woman is now living, if you can call it living, in a medicare funded nursing home. They didn't even have the decency to allow her stay in San Franciso where she had lived for so many years. Instead, she was moved to Alameda which is much more convenient for the conservator.
I used to take great pride in the fact that I am a San Francisco native. Now, I am ashamed to be associated with a City that allows these despicable, disgusting acts to continue.
