Joel Thompson

About a week after the T-R first reported that a Davenport man had been charged with financial exploitation of an older individual after allegedly helping to spend over $500,000 worth of funds that belonged to a pair of Marshalltown residents over the age of 80, his younger brother has been charged with the same crime in connection to the investigation.

According to court records, Joel Vaughn Thompson, 50, of Coffeyville, Kan. turned himself in to local authorities on June 20 and was booked at the Marshall County Jail. The criminal complaint against Joel Thompson alleges that the exploitation occurred between February of 2023 and October of 2024, and the connection between Joel and Jeremy Thompson and the alleged victims has not yet been made public. According to a release from the Marshalltown Police Department (MPD), a “lengthy” investigation that included two financial audits began on Nov. 7, 2024 as the result of a complaint made by the Iowa Department of Health and Human Services (DHHS) about a possible financial exploitation of a dependent adult.

Joel Thompson’s bond is currently set at $50,000 cash, and a preliminary hearing is scheduled for June 30 at 2:30 p.m.