Try: The elderly Care recipient (cr) is particularly vulnerable to con artists and others who target him or her for financial fradulent schemes and material exploitation some seniors tend to be very trusting of others and this works to their disadvantage in these situations in some cases the cr may have impaired mental and physical capacites that make it easier for the con artist to swindle caregivers need to look out for the following red flags and investigate further if financial fraud or material exploitation is suspected this list is not all inclusive sudden changes in bank accounts or banking practices including unexplained withdrawals of large sums of money by a person accompanying the cr the inclusion of additional names on the cr cr’s bank signature card unauthorized withdrawal of the cr cr’s funds using his or her 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 the cr cr’s forged signature for financial transactions or for the titles of his or her possessions sudden appearance of previously uninvolved relatives claiming their rights to the cr cr’s financial 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 the cr cr’s report of financial fraud or material exploitation information references

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Categories: Behavior Challenging, Financial

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Keywords: Financial abuse and material exploitation

*This information is listed as a Fact Sheet and is not explicitly medically licensed