Dothan Man Arrested for Financial Exploitation of the Elderly, Possesseion of Forged Instrument and TheftMatt Boster
Posted by: Matt Boster
Date: Nov 08 2018 5:27 PM
In June of 2018 Dothan Police Investigators began an investigation into a complaint of Financial Exploitation of the Elderly. The victim, 79 years old, reported that Kevin Saffold represented himself as a paralegal and would help her build her credit to purchase a home.
On June 7th 2018 Saffold accompanied the victim to Dothan Kia and posed as her nephew while she purchased a 2016 Dodge Ram truck in the amount of $43,888.25. The victim stated that Saffold told her that the purchase would boost her credit score and he would make the payments on the vehicle.
On June 9th 2018 Saffold again accompanied the victim to Dothan Kia. He once again posed as her nephew and had her purchase a 2015 BMW X1 in the amount of $30,846.24. Saffold again told the victim that he would make the payments on the vehicle and this would assist her credit score to buy a home.
The victim reported that she began receiving phone calls from the two finance companies requesting payments for the vehicles that were in Saffold’s possession. No payments were made on either vehicle.
During the investigation into the Financial Exploitation of the Elderly police received another complaint of Saffold being in possession of a voided title to a vehicle. On July 24th 2018 Saffold entered Title Cash in the 2600 block of Montgomery Hwy. and pawned the title to a Lincoln car in the amount of $2,175.00. The title to the Lincoln car was previously pawned by Saffold at Loan Max on July 16th 2018 in the amount of $4,000.00. Mr. Saffold did not make payments on the title pawns for either of the businesses.
Kevin Saffold was arrested and charged with two counts of Financial Exploitation of the Elderly 1st degree, one count of Theft by Deception 2nd degree and one count of Possession of a Forged Instrument 2nd degree. He has bonds totaling $85,000.00.