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What are some of the signs of financial exploitation?

exploitation financial signs
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What are some of the signs of financial exploitation?

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Here are some signs and symptoms of financial exploitation: • sudden changes in bank account or banking practice, including an unexplained withdrawal of large sums of money by a person accompanying the older adult; • the inclusion of additional names on an older person’s bank signature card; • unauthorized withdrawal of the older person’s funds using her or his ATM card; • abrupt changes in a will or other financial documents; • unexplained purchases or abuse of funds by persons appointed in a Power of Attorney; • unexplained disappearance of funds or valuable possessions; • substandard care being provided or bills unpaid despite the availability of adequate financial resources; • discovery of an older person’s signature being forged for financial transactions or for the titles of her or his possessions; • sudden appearance of previously uninvolved relatives claiming their rights to an older person’s affairs and possessions; • unexplained sudden transfer of assets to a family member or

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