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Elder Financial Abuse:
Are Your Loved Ones At Risk?
How is elder financial abuse detected?
Withdrawals, transfers and other bank activity that cannot explain
Diverted bank statements
Lifestyle or expenses that do not make sense
Unusual signatures on documents
Who is at the most risk for elder financial abuse?
Senior citizens that live alone
Have few family members around
Why is elder financial abuse on the rise?
Increased aging population
Enhanced technology and online banking
Seniors increased wealth
Identities and assets easily stolen
Who should be contacted if elder financial abuse is suspected?
Contact local law enforcement or your state’s elder abuse hotline at (855) 232-4410.
If a financial investigation is necessary, Veriti’s professional team of CPAs, forensic accountants and fraud examiners can assist