Any type of
elder abuse can be both frustrating and heartbreaking to suspect or even witness. Unfortunately, more and more elder residents are being victimized in nursing homes or care facilities and do not have the courage to tell anyone about the abuse. Because of this, it is critical that the friends and family members of those who reside at any type of assisted care facility stay in constant communication and
report any form of elder abuse to local officials as well as a dedicated
California Elder Abuse Attorney.
As the economy continues to spiral downwards, financial elder abuse seems to be on the rise. Most elder individuals entrust their care to their caregivers, friends or even family members without realizing the potential harm that the person may cause in an act of desperation. Although an elder resident may not have the means to constantly check their credit card or bank card statements, a bill that was passed in 2005
requires bank employees to notify authorities if financial abuse is suspected.
According to
Mercury News, from 2007 to 2010, the
Financial Elder Abuse Reporting Act has helped bank employees to report over 26,000 cases of elder financial abuse in California alone; confirmed cases of financial abuse rose by 16.4% in just the first year and were even higher the following years.
Financial elder abuse can occur in many different forms such as scamming, stealing, manipulation or even by using threats. If you have been the victim of elder abuse or suspect a loved one of being victimized financially, contact our
California Elder Abuse Attorneys immediately. We will help investigate the case and we will provide you with answers to any questions that you may have and will represent you until you receive the compensation that you deserve.