Financial Exploitation

Nov 18, 2015, Stop the Abuse

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