Elder Financial Abuse in Nursing Homes - Recognizing and Preventing It
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Financial exploitation is a growing concern in nursing homes. Unscrupulous caregivers, staff, and even family members may take advantage of vulnerable seniors, draining their bank accounts and misusing their assets.
Signs of Elder Financial Abuse
Unexplained withdrawals from bank accounts
Changes in wills or power of attorney documents
Sudden changes in spending habits
Missing personal belongings or valuable items
Legal Recourse for Victims
Filing a claim against caregivers or institutions responsible for exploitation
Seeking restitution for stolen assets
Holding financial institutions accountable for failing to flag suspicious transactions
Moore Payne ensures that elderly victims and their families receive justice by pursuing legal action against abusers.