Elder Financial Abuse Flying Under The Radar?
- An ex-convict who works at an Antioch car wash "befriends" an 82-year-old customer with dementia. Over time, he not only persuades the World War II veteran to give him more than $300,000 in cash and annuities, but he also gets the elderly man to change his will making him sole beneficiary.
- An East Palo Alto woman takes out a $200,000 loan on her 92-year-old grandmother's house without her knowledge. She leaves the wheelchair-bound senior alone in a house full of rats while she goes on a $75,000 shopping spree -- buying herself a champagne-colored Hummer. After her arrest, she gets a mortgage broker to bring her loan documents in jail so she can take out another $400,000 loan on her grandmother's house.
For the seven editorials in the series (may require free registration), see:
- Endangered Seniors (Elder financial abuse has become a hidden national epidemic) (12-9-07),
- Theft of Elder Nation: An editorial series (Elder court is crucial) (12-10-07) (The focus is on Alameda County's Elder Protection Court in Oakland, California - reportedly "the only court in the country that handles civil and criminal complaints involving elderly victims in the same central location."),
- Theft of Elder Nation: An editorial series (Getting involved early is critical) (12-11-07),
- Theft of Elder Nation: An editorial series (State needs to revoke theft license) (12-12-07),
- Theft of Elder Nation: An editorial series (Requiring reporting) (12-13-07),
- Theft of Elder Nation: An editorial series (Place legal curbs on 'rescue' practice) (12-14-07),
- Theft of Elder Nation: An editorial series (Close legal loopholes on persuasion) (12-15-07),
- It's time for strong action against elder abuse
(12-31-07) .
For more on the Elder Protection Court, see KTVU Channel 2 report, Alameda Court Takes Aim At Elder Abuse; or here to watch the KTVU video report.
Go here for all posts on this Contra Costa Times editorial series on elder financial abuse.
Go here , go here , and go here for other posts on elder financial abuse. xero
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