Organized Scheme To Defraud, Grand Theft…
BY: STAFF REPORT | BocaNewsNow.com
BOYNTON BEACH, FL (BocaNewsNow.com) (Copyright © 2021 MetroDesk Media, LLC) — A divorced Boynton Beach man allegedly raided his child’s college savings account and is now facing felony charges.
Steven Eidelkind of Morgan Landing Way in Boynton is accused of taking more than $80,000 from a Florida College Savings account that was frozen at the time his divorce. But violating the “freeze,” Eidelkind allegedly withdrew $41,226 on October 8th, 2019; $22,819.44 on November 4th, 2019; $10,415.83 on November 13th, 2019; and $11,730 on December 29th, 2019. He allegedly attempted to withdraw $10,215 on another date but that transaction was stopped.
Eidelkind, according to a police report, admitted to the withdrawals during a hearing, under questioning conducted by his ex-wife’s attorney (Q’s are questions, A’s are answers):
Q. On October 8th of 2019, did you log on to your computer and go onto the Florida Prepaid account, enter your password and request a withdrawal from (redacted’s) account of $41.226.00?
A. I don’t know the exact amount, but it sounds yes, that did occur.
Q. Okay. And on November 4th of 2019, did you log into your account held with Florida
Prepaid, enter your password and request another withdrawal from (redacted’s) account in the amount $22.819.44?
A. Yes, Ms. Swickle.
Q. On November 13th of 2019, did you log into your account held with Florida Prepaid, enter
your password and request to withdraw from (redacted’s) savings account $10,415.83?
A. Yes.
Q. On December 29th, did you log into your account held with Florida Prepaid, enter your password and request to withdraw from (redacted’s) account (for) $11,730?
A.Yes.
Q. The accounts that you removed from (redacted’s) savings account with Florida Prepaid were all deposited into your personal savings account at TD Bank; is that correct?
A. Yes.
Police state that the money was located in Mr. Eidelkind’s personal bank accounts. He is now charged with “Organized Scheme to Defraud” and “Grand Theft.” Steven Eidelkind was arrested by Boynton Beach Police on November 10th and booked into the Palm Beach County Jail at 8:22 a.m. He was released several hours later after posting $5,000 bond.
A court date is pending.
