Providence man charged with stealing $700,000 from family

LOGAN — A 73-year-old Providence man has been charged with allegedly stealing more than $738,777 over the past 10 years. Lynn J. Thurston is suspected of taking the money from multiple accounts, intended for members of his family.

Thurston made his initial appearance in 1st District Court Monday morning. He was charged with 22 felonies of unlawful dealing with property by a fiduciary, and one felony of money laundering. The charges reportedly occurred between February 2009 and March 2020.

According to an arrest report, Cache County Sheriff’s deputies suspect Thurston received social security payments totaling $396,083. The payments were intended for Thurston’s two grandchildren, who were seriously injured in a car crash in 2008 that killed their parents.

Bank records also showed $94,598 being removed from the minor children’s savings accounts and $248,906 from trust accounts. All of the money was moved out of the children’s accounts to Thurston’s account.

Deputies reportedly questioned Thurston. He admitted to taking the money but could not provide a valid use of the funds.

Court records show Thurston has pleaded not guilty to the charges. He is currently out of jail after posting $30,000 bond.

Individuals arrested and charged in complaints are presumed innocent unless or until proven guilty beyond a reasonable doubt in court.


will@cvradio.com

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7 Comments

  • Bo July 20, 2021 at 8:46 am Reply

    Did he post bail with his grandchildrens money too?? Sheesh.

  • Crystal July 20, 2021 at 3:21 pm Reply

    Hopefully the truth comes out and those guilty of spending the money are exposed. I hope this story is followed so the mud is cleared from this mans name. There are going to be no winners in this case.

    • anonymous July 20, 2021 at 7:34 pm Reply

      If you read over the article again, you’ll see that Lynn admitted to taking the money. Hopefully his ten years of careless spending will make up for the time he spends in prison 🙂

  • Steve H. July 21, 2021 at 7:26 am Reply

    According to the article he’s already admitted to “taking the money but couldn’t provide a valid use.” Seems pretty cut and dry to me. Pleading not guilty is a formality.

  • Anonymous July 21, 2021 at 1:07 pm Reply

    Seems kind of fishy to me that this article is written by the accuser’s good buddy. This is full of complete and absolute lies. He has documented and shown every penny spent, and it went towards taking care of the kids. It’s just sick that the author is coming up with so many insane lies to ruin his name.

    • B. Barnes July 21, 2021 at 4:31 pm Reply

      Am I mistaken or did he already admit to stealing from his grandkids? 1) Educate yourself about trusts/trustees. You obviously don’t have a clue as to the legalities. 2) Charges aren’t filed based on accusations. They’re filed due to facts & evidence of such. Twenty-three felonies? There’s no way they’d prosecute without absolute damning evidence. 3) He’ll pay in the end. It sounds like his house of cards is simply crashing down. It takes a real low life to steal from your own grandkids.

  • Anonymous July 21, 2021 at 7:49 pm Reply

    Sure, whatever you say dude. Once again the article is full of lies, but ya go off what the article says.

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