facebook-24x24

ALBUQUERQUE – An Albuquerque mental health counselor who admitted defrauding a 91-year-old woman with cognitive impairment has been sentenced to five years’ probation and ordered to make restitution to the woman’s estate. 

In his plea agreement, Dr. James W. Logan, 71, also admitted committing the felony offenses of tax fraud and acting as an unlicensed investment adviser. 

He was sentenced Friday by Second Judicial District Judge Brett Loveless to five years’ probation and ordered to repay $547,000 to the estate of his late victim. 

An investigation by the New Mexico Regulation and Licensing Department and the Department of Taxation and Revenue revealed that Logan had used his victim’s money to pay his own past-due income and property taxes. 

Logan met the woman through Sandia Presbyterian Church and his employment at Sandia Counseling Center, both located at the same address on Paseo del Norte in Albuquerque. Eventually, Logan earned the woman’s trust and assumed control of her finances under the guise of helping her manage her investments. 

Over a 2 1⁄2-year period, Logan wrote checks totaling hundreds of thousands of dollars to himself and his wife, Claire, a registered nurse whose case was dismissed in connection with the plea agreement. Logan initially claimed the payments were for legitimate medical services the two were providing to the woman’s adult son, but neither he nor his wife could produce any billing records to that effect. 

Protecting seniors is a high priority for Gov. Michelle Lujan Grisham’s administration, New Mexico Regulation and Licensing Superintendent Marguerite Salazar said. 

“We intend to vigilantly pursue those who would exploit them for financial gain,” she said. 

The case was prosecuted by the Securities Division and the Office of Second Judicial District Attorney Raul Torrez. 

“It is disturbing any time a licensed professional uses their powers for evil, but thanks to the efforts of multiple government and industry partners, we were able to do justice in this case,” said Securities Division director Matthew Bouillon Mascareñas. 

The Regulation and Licensing Department’s Securities Division protects New Mexicans from fraud and financial abuse by licensing investment professionals, registering securities offerings made in the state, offering fraud prevention and educational programs to the public and investigating fraud and other violations of state securities laws. To learn more about investment fraud, visit the division’s website at redflagsnm.com or call (800) 704-5533.

Join GCB Three Times Weekly Updates

Welcome to Three Times Weekly Updates! You will be subscribed to email notifications with links to recently posted articles.
captcha 
You can unsubscribe anytime. We never share or rent your email to anyone.

Fire Alerts

Editor's Note

Check out a new column that will talk about the town of Silver City and its news and services. 

Those new to providing news releases to the Beat are asked to please check out submission guidelines at https://www.grantcountybeat.com/about/submissions. They are for your information to make life easier on the readers, as well as the editor.

Classifieds: Check periodically to see if any news ones have popped up. Welcome to our new version of classified ads.  We invite you our readers to post your own classifieds, which are available for viewing 24/7 and are very reasonable in price, because you do all the work yourselves. A recent classified for a van brought a sale within two days. It's really easy to check to see if there's a classified ad. Just click on Classifieds in the blue menu and the page will open letting you know if there is a classified ad. Remember that your buying classified ads gives you a wide readership, as well as supporting the Beat. Post YOURS for quick results!

Images: We have received complaints about large images blocking parts of other articles. If you encounter this problem, click on the title of the article you want to read and it will take you to that article's page, which shows only that article without any intruders. It's a software problem, not easily fixable, other than showing fewer articles per summary page. If you are a frequent visitor, you might not mind fewer articles per page, but if you only come once in a while, you likely want to see more articles to browse. Write me at editor@grantcountybeat.com to let me know your feelings on this issue. 

Compliance: Because you are an esteemed member of The Grant County Beat readership, be assured that we at the Beat continue to do everything we can to be in full compliance with GDPR and pertinent US law, so that the information you have chosen to give to us cannot be compromised. 

New Columnists: The Beat continues to bring you new columnists.Recent additions  include one about end of life options, Compassionate Care.

The Beat has a column for you gardeners out there. The Grant County Extension Service will bring you monthly columns on gardening issues. The first one posted is on Winterizing your houseplants and patio plants.

The Beat totally appreciates its readers and subscribers!  

WARNING:

All articles and photos indicated by a byline are copyrighted to the author or photographer. You may not use any information found within the articles without asking permission AND giving attribution to the source. Photos can be requested and may incur a nominal fee for use personally or commercially.

NOTE: If an article does not have a byline, it was sent to the Beat and written by someone not affiliated with the Beat

Don't forget to tell advertisers that you saw their ad on the Beat.

Newsletter: If you subscribe to the Join GCB Three Times Weekly Updates option on the left side of this page, you will be subscribed to email notifications with links to recently posted articles.

Here for YOU: Consider the Beat your DAILY newspaper for up-to-date information about Grant County. It's at your fingertips! One Click to Local News.

Feel free to notify editor@grantcountybeat.com, if you notice any problems on the site. Your convenience is my desire for the Beat.

Thanks for your support for and your readership of Grant County's online news source—www.grantcountybeat.com

20191110