7 Warning Signs of Financial Elder Abuse

Carolyn Rosenblatt, R.N., Elder Law Attorney and founder of AgingInvestor.com, reveals 7 warning signs of financial elder abuse. This is critical information for financial services professionals and Boomers who are concerned about their aging vulnerable elders.

[@godisgood789]

This is exactly what's happening to my mother. My sister took POA and stole over 20 thousand dollars from my mothers bank account. She also made up a story about my mother having dementia and as a result she lost her driver's license. My sister basically wants my mother dead so she can take her money. Plus she left my name out of the Trust This is a very difficult situation!? I need advise and counsel!

[@Aginginvestor]

John, please contact us through our website AgingParents.com or AgingInvestor.com. We would love to see how we can help you.

[@godisgood789]

@@Aginginvestor Thank you I will contact you.

[@great-garden-watch]

Good luck. Nobody helps. My mother is losing millions and the attorney helped the thief

[@MikolDavis]

Sheila, we are very sorry to hear what happened to your family. Financial Elder Fraud is a major problem in our country. Often by the time we get involved the money has been spent.

[@RadardelFraude]

This is a very good video! Thank you for sharing

[@rivermist80]

My father who has mild to moderate dementia mixed me as DPOA early this year saying he's in charge of himself now. Today I find out his abusing wife had him take me off of being able to get office visit notes from one of his specialists. He's having home repairs and living at wife's place and I'm banned from going there. Getting my notes together to notify APS.

[@7thswansong152]

Hope you got help.

[@manicminer3273]

What happened, as it’s happening to my dad.

[@SuperVeeveez]

Something like this is happening to my aunt. Her husband is taking all her money and spending it in Mexico building a house over there. He ask her to send him money constantly when he’s over there visit family and even had her buy him a car. He does NOT work and is claiming he takes care of my cousin(not his kid) that is handicapped and cannot talk, even when he’s in Mexico he makes my aunt send him that money. My aunt seems very out of it her mental health is declining ( she’s bipolar & schizophrenic) idk what to do since this man is technically her husband and she seems to be ‘in love’ with him and does everything he tells her. I’m worried he will make her refinance her house and she’ll end up with no where to go.

[@corrinhuggins9216]

Unless its the financial advisor doing the theft and abuse. Then you have to go to the local PD, SEC and FINRA. APS won't take the information

[@MikolDavis]

Yes you are so correct about how reluctant other organizations do not want to get involved.

[@midwestslotgeeks1081]

Nope they wouldn’t from me at all

[@patrickkelly3922]

Justice for disabled elders in America is a SICK GIGANTIC JOKE. I'm now 75+, had a disability all my adult life which caused me to be denied military service & live alone. I've reported elder crimes for 5+ years including multiple felonies by a confidence guy from Portland Oregon who admits in writing he's known I'm disabled, dealing with serious life threatening health issues, old & live alone ...yet he not only stripped me of whatever he could get his hands on while I was laying on an ER gurney... he then did all he could to trip me up in his revenge making my life a living hell because others demanded accountability & reprimanded him for his abuse, fraud and manipulation of a sick elder .....and authorities do NOTHING after being repeatedly told of this con-artist caused my Soc. Sec funds to be blocked, missing Soc. Sec under his control or direction, his Postal Fraud, his attempted extortion, his abuse, manipulation of a sick elder for his personal agenda, Class "C" grand larceny theft of my property, neglect, & scams. Far wonder, Oregon is now the worse state for any elder to even pass through even with documented proof, this guy laughs all the way to my bank and controls. Elders get no holidays nor coffee break from abuse, manipulations & fraud ...we live with it 24/7 ..365 JUSTICE DELAYED ...IS JUSTICE DENIED EVEN MORE SO FOR THE ELDERLY.... IT'S CRUEL TORTURE. Please, don't just say how bad it is .....get ALL elders real help NOW ....REAL JUSTICE NOW !!!! ...before these con-artist kill us off. God will bless you for indicting these creeps as that IS the only way to halt elder exploitation.

[@merrileelee7858]

No shit. Abuser has been questioned AND reported. Abuser lives off of $600 retirement. 2 homes, 2 side-by's, 2 trucks, 2 camp trailers, 2 horses, etc., etc. Hands are elbow deep in my mother's cookie jar & the abuser is STILL DIGGING IN! WTF?!!!!!

[@savagesfortruth]

What do you do if it’s a family member doing this to a grandparent

[@amelaamelajiang493]

但是三年病毒银行很嚴重出現問题

[@protectingyourself4263]

It's a myth that APS and other similar agencies will do anything about it. Several members of our family reported when my aunt's son and his wife kept promising help for his parents ONLY IF they gave him money first. It wasn't until we were alerted that my aunt's checking account was empty that we saw the bank statements, which contained pics of the checks. She had written over $80k in checks to him but never tried to balance her account, so didn't know she was running out. Famly members contacted the state and county APS twice. They never even got back to us. When we called them after waiting 2 months, we were told they won't investigate him since he lives in another state, though it's only 20 minutes from his mother. When another relative reported again 6 months later, they were told that APS would not investigate since the son and daughter-in-law were not the primary caregivers. It's odd that, as long as the perpetrator of the abuse is doing NOTHING for them, it's "okay". It's only the person who IS doing something for the elderly that can be investigated. How crazy is that?

[@agingparent]

You are spot on APS frequently does NOT live up to the"PROTECTIVE" part of their name!!! We can do better to protect our seniors.

[@sinebar]

Calling APS is a good way to get into a guardianship which is notorious for ripping off the elderly and sticking them in a hell hole to rot away. In fact if I was old I'd rather take my chances with the scammers.

[@agingparent]

The legal process for applying for a guardianship or conservatorship takes a lot of evidence to prove. This is not an easy action to establish in California courts.

[@wisdomseeker3362]

A Probate Attorney Conservator stole all of my ex sister n laws stocks. After court appointed him he *never* contacted her in any form. He will not answer phone. The one time he did, she asked for medication money and he refused❗Reporting to the Governor and going to file for her file of financial management. Apparently, he's been doing this for years❗Many more claims about him on internet. Can I get a class action suit started❓ Alabama

[@zeezee7856]

Money where is my money

[@d.powers3428]

In California the A.P. Service will not investigate financial abuse it is considered a civil issue. I cant afford 100 k in legal expences. And neither can my disabled senior brother.

[@MikolDavis]

Your anger and frustration are extremely justified. We fail as a community to protect and care for our elders. We have failed to honor our aging loved ones.

[@619sandiego]

How does this adult services look into financial abuse ?

[@d.powers3428]

@619sandiego It is frustrating to know that your sibling is abusing someone in any fashion. To be specific, my mother passed, and my sibling is the trustee. She kept the monie and refused to disperse the funds. The trust provided monies for my brother to be placed in a special needs trust. I reported her theft to adult protective services. I was told it is a civil matter. And to obtain legal advice. Yep 100 to 150 thousand dollars. A 25k retainer is the average cost to get started. I hope you are not in need of their services as the department is worthless as any other state agency.

[@sheilascanlon4928]

Bros stole from my Saint of a mother since my dear beloved sister died in 2010 Mother worked rotating triple shifts in a glass factory 30 years. She was set for her golden years until they stole her gold while neglecting her. They bought 2nd and 3rd homes. I was designated caregiver by social services revived her and she thrived for several years until they abducted her for supposed visit never returned her. I called law enforcement dozens of times worthless at arresting them though they felony deathreated me and terrorized us both. Sold her beloved home where she swam and had neighbors of over 50 years Within months she became demented in a facility and into a vegetative state dying and suffering for a year. The brothers and wives and bribed niece and nephew divided up her million dollar estate and police and APS totally lax in their responsibility of investigating her bank account where extensive fraud evidence found. Am trying best to prod them along to do their job now and indict them all as they conspired to RIP her and me off. So much for RIP for ma.

[@joycesagulla9729]

THE SOCIAL WORKER AT "TRINITY LIVING CENTER" IN GROVE CITY PA SHOULD NOT HAVE A NOTARY LICENSE! T.S. SPECIALIZES IN ALL AREAS OF EXPLOITATION OF THE ELDERLY AND DISABLED...AND A FORENSIC STUDY OF ALL DOCUMENTS PRODUCED BY T.S. WOULD PROVE USEFUL AND PREVENT FURTHER EXPLOITATION OF THE ELDERLY AND DISABLED VICTIMS OF "QUALITY LIFE SERVICES."

[@degraham9198]

So. What happened to the FBI? I called them on every single person involved or aware of this crime. Well, kudos to staff and internal auditing. My peeps.

[@differentjoy]

APS in Florida is useless!

[@strawberryseason]

yes, I am finding that out. Have to go to an attorney.

[@great-garden-watch]

My mother is being taken for a HUGE amount of money and nobody will help

[@Curtis-bw2yx]

I am experiencing the same thing in Waco texas

[@amelaamelajiang493]

空氣

[@619sandiego]

This is crazy. I reported abuse and adult services said everything fine. Thus person who abusing is her husband . He filed for her on cares covid money. She has no access to her money. I filed all these and they still came up thst nothing is wrong .

[@agingparent]

I am sorry to hear about this and understand unfortunately how common this occurs in our society. We have not created an effective safety-net to protect our most vulnerable elders.

[@amelaamelajiang493]

整个國家的管理是很大的危机