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Lake City Man Financial Exploitation Charges

A 55-year old Lake City man is being charged after allegations that he exploited his 80-year old mother for financial gain.

According to the criminal complaint filed in Wabasha County District Court, Michael Ladoucer, is charged with two counts of financial exploitation of a vulnerable adult, one count of financial transaction card fraud without consent, theft exceeding $5,000 and theft by swindle exceeding $35,000, all felonies.

He is also facing a gross misdemeanor charge of criminal neglect

Wabasha County Adult Protection began investigating him in November of 2022 when a bank in Lake City called and reported concern over Ladoucer's use of his mother's account.

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