Guardianship News:

Desert State Trust

New Mexico: Plea bargain catches victims by surprise

November 30, 2017

 By Colleen Heild / Journal Investigative Reporter Federal law says crime victims have a right to “reasonable and timely notice” of any public court proceedings involving the crime. But Paul Donisthorpe’s sudden plea bargain Monday in a high-profile $4 million trust fund embezzlement scheme caught victims by surprise. Armando Ramirez, of Santa Teresa, helps support his brother Omar Ramirez, who lost nearly $1 million in a trust account managed by Donisthorpe that was supposed to pay for [- more...]

BREAKING NEWS – New Mexico: Former Desert State Life CEO pleads guilty in Federal Court to fraud, money laundering

November 28, 2017

ALBUQUERQUE, N.M. — The former CEO of Desert State Life Management pleaded guilty to wire fraud and money laundering in federal court Monday morning. Paul Donisthorpe, 62, will be sentenced to eight to 12 years in prison, according to the recommendation in his plea agreement. He also must pay $4,812,857 in restitution to the victims of his crimes. Donisthorpe ran a decade-long scheme in which he stole more than $4.8 million from more than 70 of his company’s clients. Many of them had [- more...]

New Mexico: Guardianship Commission reveals changes to be proposed

September 23, 2017

From the Albuquerque Journal By Colleen Heild / Journal Investigative Reporter Friday, September 22nd, 2017 at 11:45pm A special commission on Friday unveiled a slate of ambitious proposals to strengthen oversight of the state’s ailing guardian and conservator system, which oversees finances and other major decisions for many of New Mexico’s most vulnerable citizens. The Supreme Court-appointed commission’s recommendations include hiring special court employees to hear grievances and [- more...]

New Mexico: Guardianship firm seized by marshals

July 20, 2017

By Colleen Heild / Journal Investigative Reporter Wednesday, July 19th, 2017 at 11:45pm A Final Four basketball junket. Caribbean cruises and other luxury vacations. Purchases at an Albuquerque RV Center and a Mercedes-Benz dealership. The alleged lavish spending by the co-founders of one of the state’s largest nonprofit guardianship firms was financed out of the accounts of their special needs clients, according to the U.S. Attorney’s Office. And on Wednesday, a multiagency federal task [- more...]

New Mexico: Turning the Law against the innocent

July 6, 2017

Turning a corrupt Judiciary against Citizens The Desert State Life Management Scandal in New Mexico is an excellent example of how a judicial system charged with protecting the lives and assets of seniors has not only failed miserably to do so, but has used its authority and endless decision-making latitude to actually turn the law against the vulnerable innocent citizens of New Mexico. As yet another example of the probate racket having completely overtaken any semblance of judicial propriety [- more...]