Longmont Elderly Financial Exploitation Attorneys
Financial exploitation of the elderly is a serious and growing concern.
Financial exploitation of the elderly occurs when a person steals, misuses,
or withholds an elderly person's assets, money, and property for advantage
There are various types of activities that are considered financial exploitation
- Misappropriation of assets
- Misuse of credit cards
Additionally, offenders may try to exploit financial arrangements including
living trusts and wills, deeds of trust, joint accounts, or powers of attorney. Financial
exploitation can occur by trickery, duress, coercion, or taking advantage
of an elder who is incapacitated or unable to give informed consent. Common
scams used to financially exploit the elderly include identity theft and
home repair scams.