DA sees rise in elderly financial exploitation cases - WBRC FOX6 News - Birmingham, AL

DA sees rise in elderly financial exploitation cases

MONTGOMERY COUNTY, AL (WSFA) -

The latest record-setting grand jury report in Montgomery County showed alarming trends, including a significant increase in the number of cases involving the financial exploitation of senior citizens. 

“We have seen an uptick in the number of the financial exploitation of the elderly cases”, Montgomery County District Attorney Daryl Bailey said. “What we are seeing is home health aides or family members taking advantage of these seniors financially."

Seniors' financial accounts are often readily accessible by family members and trusted caregivers. Often, any wrongdoing goes unnoticed until the damages are unmanageable.

Resources:

https://www.justice.gov/elderjustice

http://www.napsa-now.org/get-informed/what-is-financial-exploitation/

“They will help them around the house, help them with their bills, then they will start writing checks to themselves,” Bailey explained. “They will take credit cards, they will get credit cards in their names, they will even get loans in their name. Unfortunately, we have seen a huge uptick in these cases.”

The National Adult Protective Services Association reports one in nine seniors have been abused, neglected, or exploited over the last year.

“This is a warning for everyone, if you have a senior in your life, make sure they are being taken care of, not only physically but also financially as well,” Bailey cautioned. “You need to double check the books, get a power of attorney, someone you trust whether it’s you or another family member.”

You can report any instances or concerns of elder abuse to your local police department or district attorney’s office.

Copyright 2018 WSFA 12 News. All rights reserved.

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