Financial exploitation is one of the most common forms of elder abuse in America. It is defined as the illegal or improper used of an elder’s funds, property or assets. Despite its frequency, it can sometimes be difficult to detect. The best signs to look for include unexplained and sudden transfer of assets, the sudden appearance of an otherwise disinterested family member and addition of names on the senior’s bankcard.
In one recent case of financial exploitation in Aurora, Illinois, a 25-year-old caregiver was caught stealing more than $10,000 from her patient using the patient’s credit card to purchase clothing and other items.
In Tacoma, Washington, an elderly couple lost everything, including their home of 45 years, when a caregiver stole all but $374 from their savings account.
Finally, in Kansas City, Missouri, the long-time financial advisor to a wealthy elderly woman was caught embezzling hundreds of thousands of dollars. The act of deceit against the 95-year-old woman has cost her children and grandchildren an inheritance.
Elder abuse and neglect affects millions of people around the world. Abuse can be in the form of sexual, physical, psychological or financial abuse. If you or someone you loved has suffered personal injuries or wrongful death as a result of any form of elder abuse or neglect in Massachusetts, call the Massachusetts elder neglect attorney specialists today to learn your rights and potential damages. You can call us at 617-787-3700 or email firstname.lastname@example.org, 24 hours a day, 7 days a week, to speak with an expert Massachusetts personal injury accident attorney or Massachusetts wrongful death attorney.
If you would like to talk to an expert in Massachusetts elder abuse cases, call 617-787-3700 for a free, confidential consultation with one of our highly skilled Boston personal injury lawyers or Boston, MA wrongful death lawyers.