Financial Elder Abuse: Banks are Mandatory Reporters !

This is a training video that banks use to teach their employees how to spot financial elder abuse: Financial elder abuse is generally defined as the improper use of a seniors funds‚ property or assets. Examples include cashing a check without permission, forging a signature, or convincing an elder to withdraw large sums of money and running off with it. Signs of financial exploitation may include sudden large withdrawals of cash, or transferring the title on a bank account to a new acquaintance. SB 1018 states that suspected financial abuse occurs when a bank employee observes behavior or transactions that would lead a person with similar training to form a reasonable belief that an elder is the victim of financial elder abuse. Types of Elderly Abuse About financial abuse: TYPES OF ABUSE Financial abuse of the elderly can happen in numerous ways. Family, friends, neighbors and caregivers are the perpetrators in 55% of cases. Here are some typical crimes: * Investment fraud * Abuse of Power of Attorney authorization; this is the one of the fastest growing crimes in America * Fake charities * Telemarketing and sweepstakes scams * Deceiving an elderly person to sign loan papers or withdrawal slips * Forging an elders signature * Use of counterfeit checks or debit cards to drain an elders bank account * Theft of wallets containing identification, and credit and bank cards * Theft of mail, including bank and credit card statements, preapproved credit offers, telephone calling cards and tax information * Announcements of a prize that the elderly person has won but must pay money to claim * Call the victims credit card issuer, pretend to be that individual, change the mailing address on the account, then run up charges on the account; because the bills go to the new address, the victim may not immediately realize there's a problem * Establish phone or cellular phone service in the victims name * Open a bank account in the victims name and write bad checks on that account * File for bankruptcy under the victims name to avoid paying debts incurred under that name, or to avoid eviction Elder Abuse Financial Richard Elliott Joan Louise Marjorie Duckett Kay Zoetewey Ruth Borders Bank of Stockton William Bill Allen Teresa Vanderheiden Natalie Lerma-Solis Idella Mae Reed Fraud Tax Lady Bob Jones Univ Dordt College

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[ElderlyCrossesBroken]

Follow the story:

So my mom takes out a quick line of credit on the house to pay for the hard costs of the solar system about $40,000-$45,000 with the intent of paying it off as soon as the rebate checks came in.. 30-90 days after installing: WELL GUESS WHO KNOWS ABOUT THE MONEY AND SMELLS OPPORTUNITY Kay Zoetewey So she talks my mom into lending her the $ from the rebates and she will make the payments on mom's house mortgage (dot) MarjorieHDuckett (dot) com

[ElderlyCrossesBroken]

Welfare and Institutions Code, Section 15610.17& 15630.)

All mandated reporters must report actual or suspected abuse. The reporting responsibility is individual for each mandated reporter. No person reporting elder abuse shall be subject to any sanction for making the report. To encourage reporting, all reports are confidential and mandated reporters are protected from civil and criminal liability for carrying out their duty as mandated reporters.

[legaladvocate71]

I think some of the banks are colluding with the government to cause the problem.

[ChecksSuperstore]

It is a shame that anyone would even think about taking advantage of an person. I think of my own grandparents and it makes me worried that there are people out there.

[Antoninus7]

APS is often the ones who abuse the elderly. Be warned that states routinely make a racket of abusing the elderly under the guise of "protection." Its a sad day in America when APS is involved because the elder is in greater danger from these predators who seek to isolate them from family and friend or anyone who complains about how the elder is being treated by the"professionals" this is a racket for most states to steal from the ones they are suppose to be protecting.

[legaladvocate71]

Elderly financial abuse by the caregiver I fear is widespread but supported by government officials at least in New Jersey and the so called Adult Protective Services.

[rudielor]

I reported it and nothing is happening. Google: Vera P. Hill and Maurice Lawrence. house at 2722 43rd Place, Los Angeles. Vera P. Hill is 93 years old in Culver West Convalescent 4035 Grand View Blvd, while her house is being rented out and accounts being use by Ms. Lawrence. Vera P. Hill has dementia. Maurice Lawrence just took it upon herself to show up when Vera was sick.. Ms. Lawrence does not have Power of Attorney. Greed and Abuse going on right now.

[starcatcher7777]

Financial abuse is defined in California's Elder Abuse and Dependent Adult Civil Protection Act (Welfare & Institutions Code section 15600 et seq.) as "occurring when any person or entity takes, secretes, appropriates or retains real or personal property of an elder or dependent adult with the intent to wrongfully use or defraud, or who assists in doing so." Elder financial abuse is, of course, the perpetration of this crime against elder citizens and dependent adults: