Signs Someone Might Be A Victim of Financial Elder Abuse.

Financial exploitation of the elderly can be perpetrated by a stranger, a friend, caregiver(s), or even family members. Signs that someone might be a victim of financial elder abuse are:

  1. Unusual or unaccounted for activity in bank accounts, i.e. large or numerous withdrawals, attempts to withdraw from bank account
  2. Current bills remain unpaid, in spite of having a financial caretaker.
  3. Caretaker, friend, or family member asks for a secret loan. The fact that the loan must be secret is a possible indicator of lack of intent to repay.
  4. Changes are made to a will or power of attorney, in spite of unwillingness to make changes, or inability.
  5. Someone lacking food, clothing, or grooming items, despite being able to afford these items.

Henrichsen Siegel, P.L.L.C. provides representation on behalf of victims of elder financial abuse.  Go to Elder Financial Abuse Practice Group.