Join us this evening July 16, 2018 at 7:00 pm CST!
The Silver Standard News
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Hosted by Marti Oakley with Luanne Fleming
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The Elder Abuse Reform Now Project
Our guest tonight is Sharon De Lobo. Sharon produced the documentary: “The Unforgivable Truth”…the story of the theft of the family foundation ranch and funds. The entire Mercedes K. and Chandler H. Kibbee Foundation Fund and ranch were taken by the YMCA (Young Men’s Christian Association). Mercedes K. Kibbee wanted her ranch and her fortune to be put to good use and for her ranch to be used as a safe, happy place for disadvantaged children. Instead, bad actors such as First Interstate Bank intervened and converted the foundation and all its assets to their own purposes in the name of the YMCA.
Quoted from the legal documents signed by Mercedes,: “I never gave permission for the foundation to be structured in such a way so as to allow its board of directors to be compiled of a majority of people who are also on the YMCA board.”. Documents signed December 12, 2006.
From the Kibbee Foundation Board of Directors, Jay McGuiness who is the Executive Director of the Sheridan YMCA is heard at approximately 1:21 mins into the video, responding to questioning saying, “We own it now! Every vehicle, every tool, every painting”….and he goes on.
Estate theft and theft of trusts is common place in the predatory world of elder abuse by professional people and supposedly respectable institutions and organizations. The most common method used is to levy false charges of incapacity against the elderly individual with assets, to then guardianize the elderly individual and begin plundering the estate. In other instances, conservators are appointed to “manage” the financial affairs of the elderly person.
View the documentary here:
