The one-time administrator of a residential care facility in Nashville stands accused of stealing money from her business and its clients following last week’s indictment by a Davidson County grand jury.
The Tennessee Bureau of Investigation arrested 56-year-old Deborah B. Aboyade-Cole Monday for allegedly stealing money from patients of Life Action Tennessee Inc., at 475 Metroplex Drive.
Aboyade-Cole had access to all of Life Action’s bank accounts as well as clients’ bank accounts. The TBI alleges that between January 2005 and May 2007 Aboyade-Cole stole money from Life Action’s bank accounts through ATM withdrawals, cash withdrawals and bank checks, then in June 2007, Aboyade-Cole allegedly closed the client bank accounts and stole what money was in it as well.
Life Action, according to a statement from the TBI, was a nonprofit company that contracted with the state to provide residential care for developmentally disabled individuals. The facility is now closed.
The grand jury indicted Aboyade-Cole, of 1021 Pierce Road in Madison, last Tuesday on one count of theft of more than $60,000.
The TBI investigated the case beginning in September 2007 after receiving a referral from the Tennessee Department of Intellectual and Developmental Disabilities.
Aboyade-Cole was booked into the Davidson County jail Monday and later released on a $50,000 bond.