Exploitation of the elderly: What to look for
Here are some indicators of financial exploitation of the elderly, according to the National Center on Elder Abuse:
• Sudden changes in bank account or banking practice, including an unexplained withdrawal of large sums of money by a person accompanying the elder;
• The inclusion of additional names on an elder's bank signature card;
• Unauthorized withdrawal of the elder's funds using the elder's ATM card;
• Abrupt changes in a will or other financial documents;
• Unexplained disappearance of funds or valuable possessions;
• Substandard care being provided or bills unpaid despite the availability of adequate financial resources;
• Discovery of an elder's signature being forged for financial transactions or for the titles of his or her possessions;
• Sudden appearance of previously uninvolved relatives claiming their rights to an elder's affairs and possessions;
• Unexplained sudden transfer of assets to a family member or someone outside the family;
• The provision of services that are not necessary;
• An elder's report of financial exploitation.
