Financial Elder Abuse Arrested
updated: Feb 21, 2013, 11:05 AM
Source: Ventura Sheriff's Department
Newbury Park Financial Planner Arrested for Financial Elder Abuse and Money Laundering
Nature of Incident: Financial Planner Arrested for Embezzling from Elderly Victim
Report Number: 12-24293
Location: 900 Block of Broadbeck Drive, Newbury Park
Date & Time: 02/19/13 @ 10:00 AM
Unit Responsible: Ventura County Sheriff's Office / Major Crimes Unit
(S)uspects, (V)ictims, (D)ecedent City of Residence Age
Hormell, Rod Scott Newbury Park 56
A Newbury Park Financial Planner was arrested today following the execution of a search warrant at his
business and home.
In October 2012, a concerned family member made a report with the Ventura County Sheriff's Office
alleging Rod Hormell embezzled monies from the 89 year old victim while employed as her financial
planner. Detectives assigned to the Major Crimes Unit conducted an investigation and developed
sufficient probable cause to arrest Hormell for Financial Elder Abuse & Money Laundering.
The Ventura County Sheriff's Office is committed to protecting the elderly citizens within our
community. We encourage anyone who believes they were victimized by Hormell, to contact the Ventura
County Sheriff's Office / Major Crimes Unit.
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