(La Porte, IN) - His grandmother’s life savings pretty much vanished.  Now, a suspect in the theft could be looking at prison time.

Michael Streeter is charged in La Porte Circuit.  According to authorities, the woman had more than 30 thousand dollars in her checking account but after a few withdrawals only a few hundred dollars were left a couple of weeks later.

Authorities say the money wound up in Streeter’s bank account and close to half of it was spent before police came knocking.

Streeter could face an up to five year sentence.