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SAN JOSE (AP) — A San Jose bank manager who was supposed to be taking care of a 96-year-old man's life savings of nearly $1 million is accused of stealing money from his account to bankroll a pre-Christmas shopping spree.

The San Jose Mercury News reported Friday that investigators believe that over the past several months, Christina Bray and her husband Jimmy nearly emptied the elderly man's account to purchase a time share, luxury cars, cosmetic surgery and diamond jewelry. They nearly cleaned out his $1 million account before elder fraud investigators caught on.

When the couple pulled up to the man's Willow Glen home on Thursday in their new 2011 Mercedes sedan, they were arrested by the San Jose police.

The couple are facing arraignment on felony elder theft charges.