How do you identify elder fraud?

Some warning signs to look for in elder financial abuse are:


  • Changes in their financial patterns
  • Odd activity in a persons bank account, such as large purchases, unexplained withdrawals, or frequent withdrawals.
  • The inclusion of additional names on an older adult’s bank account or a new joint account suddenly opened up.
  • New “best friend” who accompanies the older person to the bank.
  • Unpaid bills
  • Credit card or bank statements no longer going to clients home.
  • Checks written as loans or gifts to a person who the family does not know.
  • A caretaker, relative or friend suddenly begins conducting financial decisions and transactions on behalf of the older person with out approved documentation.


How to help if you suspect elder financial abuse?


  • Have a conversation with family or friends and discuss your observations and concerns with them.
  • Report the abuse to Adult Protective Services (APS) in your state :
  • Contact your local police and fraud report
  • Dial 911
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