Adult Kids Scamming Aging Parents On The Increase?

In Brooklyn Center, Minnesota, The Associated Press reports:

• As more and more baby boomers head into retirement and beyond, authorities are seeing a rise in crimes against them by their own family members that are making these years anything but golden. Hennepin County’s Adult Protection Services has been inundated with requests to investigate allegations of children swindling their aging and sometimes vulnerable parents. Reports range from spending Social Security checks to duping them into signing over their homes or changing their wills.

For more, see More adult children scam aging parents.

See also, Minneapolis Star Tribune: Growing fear: Elders swindled by family (Hundreds of new allegations pour into Hennepin County every year of seniors losing assets -- most often to loved ones).

• "First the son took possession of his mother's house. Then he got power of attorney. He took thousands of dollars in insurance proceeds, used her ATM card and took trips to California and Florida at his mother's expense. His 84-year-old mother in Brooklyn Center, who has dementia, apparently didn't approve any of it."

For a recent story on a 46 year old New Jersey woman allegedly unlawfully using her 87-year-old mother's I.D. to finance a Mercedes Benz, obtain credit lines, and pass rubber checks in her mother's name, see Woman Indicted For Stealing Over $500,000.

Go here , here , here , and here for other posts on elder financial abuse. whale