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Senior robbed of life savings: Was nursing home required to post security bond?

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From the Ask Joe file, we're following up on a story we covered earlier this week about a local senior citizen who had his life savings stolen from him.

Sylvia Gibson wrote in on our Facebook page after seeing the story about Bobby Flood. She wants to know if the employee at the retirement home charged with stealing $190,000 was required to put up a security bond as a safeguard.

Here's what I found out:

Bobby Flood, 83, lost his life savings recently. Police investigated and charged the former business manager at Reno Valley Assisted Living Center where Bobby lives with draining his bank account.

Some industries do require security bonds to be posted, so is the nursing/retirement home business one of those?

I checked with the Nevada Attorney General's office about this. They told me to check with the Secretary of State's office.

So I checked with Kent Alexander at the Nevada Secretary of State's office, and he told me there is no such requirement for a nursing home or any business to have a security bond in order to get a business license.

Alexander says state regulatory bodies may require a person or business to maintain a security bond in order to be licensed, but the Secretary of State's office is not involved in any way.

One online source that I checked indicates it is the Nevada Bureau of Health Care Quality and Compliance that is in charge of regulating nursing homes and health care facilities, so I'll check with them. But there's nothing so far that I can find to indicate any type of bond is required for nursing home employees.

It's a tragic situation, and the charges in this case are very serious. Despite that, the suspect, Angela Fischer, was released from jail while she awaits her trial in May.

Neither the U.S. Attorney's office nor the U.S. District Court in Reno would comment on why she was let out of jail.

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