MOBERLY, Mo. - A Moberly man is charged in Randolph County after he's accused of stealing thousands from an elderly couple.
According to court documents obtained by ABC 17 News, Kevin Duane Ridgeway, 51, of Ridgeway Construction, was charged on Tuesday with financial exploitation of the elderly.
He was hired to renovate the couple's home after it caught fire in January 2015.
The couple's adult children filed a fraud report with police in May 2016. Detectives were told their father suffers from dementia. Due to their parents health, the couple's children took over the renovations of their home.
The cost of the repairs to the home were estimated at over $156,000. Ridgeway allegedly promised to complete the renovations in four months, with an estimated date of May 31, 2015 to finish the work.
A court document indicates Ridgeway's company was hired on February 3, 2015 and received a check from Safeco Insurance for $107,794.75 to cover the cost of the renovations.
A probable cause statement also states Ridgeway was paid an additional $22,215.98 to bring the home up to code and for various other upgrades.
In July 2015, Ridgeway was also accused of requesting another check for more than $35,000 from the couple's insurance company. The court documents show he had the couple sign the check so it could be cashed.
Police said when Ridgeway was questioned around August 2015, he admitted to officers that he didn't pay for cabinets that he had told the couple's children were ordered for the home. Ridgeway told police that all of the money was used for renovations.
The court documents reveal Ridgeway told detectives the reason he never finished the home was because he ran out of money.