Martha Marie Bizzell, Mail and Wire Fraud, Tennessee 2012

In a shocking case of financial exploitation, Martha Marie Bizzell, a 42-year-old resident of Crump, Tennessee, has been indicted on charges of mail and wire fraud related to the management of a disabled couple’s estate.

According to the indictment, which was handed down earlier this week by a federal grand jury in the Western District of Tennessee, Bizzell was appointed as the guardian of the couple, who were disabled adults residing in Peoria County, Illinois. The couple’s estate was valued at approximately $1.5 million, consisting of stock, real estate, and cash, including Certificates of Deposit valued at approximately $118,120; an investment account valued at approximately $638,098; Caterpillar stock valued at approximately $585,000 and 52 rental properties located in Illinois.

Allegations state that after being appointed as guardian, Bizzell relocated the couple to the Western District of Tennessee and took over management of their finances. She allegedly ordered the sale of the Caterpillar stock, disposed of the couple’s real estate holdings, and withdrew money from investment and savings accounts. The proceeds were then deposited into Bizzell’s bank accounts. From between November 10, 2011 through July 30, 2012, Bizzell took into her personal possession approximately $1,082,342 in funds belonging to the disabled couple.

Bizzell has been charged with three counts of mail fraud and 14 counts of wire fraud. If convicted, she faces up to 20 years in prison and a fine of up to $250,000. The investigation into this case was conducted by the United States Postal Inspection Service and the Federal Bureau of Investigation – Jackson Resident Agency. The case is being prosecuted for the government by Assistant United States Attorney Debra Ireland.

The charges and allegations contained in the indictment are merely accusations, and Bizzell is considered innocent unless and until proven guilty.

The case serves as a stark reminder of the importance of protecting vulnerable populations, such as disabled adults, from financial exploitation. It also highlights the critical role that law enforcement agencies and prosecutors play in holding accountable those who engage in such abuse.

In the coming weeks and months, our team at Grimy Times will continue to follow this case and provide updates on any developments in the investigation and prosecution of Martha Marie Bizzell.

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