The bank account that was drained is separate from a GoFundMe account the family uses to pay Richard Overton's 24-hour care, which costs $480 per day, according to Dallas Morning News.
Overton celebrated his 112th birthday on May 6, according to ancestry.com. He registered for the draft on Oct. 16, 1940, in Austin and enlisted in the Army on Sept. 3, 1942, according to military records.
He became a member of the Army's 188th Aviation Engineer Battalion, an all-black unit that served in the Pacific theater, CNN reported.
In 2013, he was honored by President Barack Obama in a Veterans Day ceremony at Arlington National Ceremony.
According to the Gerontology Research Group, Overton is the oldest man in America.