With advances in technology, declining health, and life changes the elderly are at a unique disadvantage when it comes to financial abuse. In fact, more than 5% of the elderly surveyed in the 2010 National Institute of Health survey reported being taken advantage of financially by a caregiver or nursing home staff member.
Signs of Financial Exploitation
- Missing checks
- Missing credit or debit cards
- Missing property
- Failing to make payments
- Any sudden change in financial standing
If you suspect a loved one is being financially abused immediately alert the police and contact an elder abuse attorney.