Financial exploitation is just a single example of nursing home abuse that happens to elderly individuals. According to the CFPB (Consumer Financial Protection Bureau), this problem is one that is seriously concerning. Consider the statistics about this type of nursing home abuse.
When financial exploitation occurs in nursing homes it can happen in several ways. Some of the most commonly seen examples of this include:
It is imperative that care providers and family members stay aware of any suspicious activity involving their senior loved one’s accounts, documents, cash or finances. Being aware of the signs of financial exploitation is also critical.
There are several indications that your senior loved one, who resides in a nursing home, has become a victim of financial exploitation. These signs include:
If you want to help protect your loved one from financial exploitation, you need to learn about the signs and dangers of this situation. By knowing the signs of this issue, you can take steps to prevent it, or act if you suspect it has occurred.
If you do suspect that your loved one is a victim of financial exploitation, or any type of nursing home abuse, contact the attorneys at Fetterman & Associates by calling 561-845-2510.
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