Financial Exploitation

This involves unauthorized use of an elderly person’s funds or property, either by a caregiver or an outside scam artist.

An unscrupulous caregiver might:

  • Misuse an elder’s personal checks, credit cards, or accounts
  • Steal cash, income checks, or household goods
  • Forge the elder’s signature
  • Engage in identity theft
  • Typical rackets that target elders include:

  • Announcements of a “prize” that the elderly person has won but must pay money to claim
  • Phony charities
  • Investment fraud
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