While many people are familiar with nursing home physical abuse and neglect, fewer people are familiar with financial elder abuse. Unfortunately, Texas nursing home residents are susceptible to financial scams and schemes – schemes often run by nursing home staff members or the nursing homes themselves. In these scams, nurses, staffers, or other officials could convince nursing home residents to pay too much, change their wills, or make poor investments. If you have an elder in a Texas adult care facility, be on the lookout for the red flags of financial fraud, which may take place in tandem with emotional abuse or manipulation.
What is considered financial abuse of a nursing home resident?
Answer:
While many people are familiar with nursing home physical abuse and neglect, fewer people are familiar with financial elder abuse. Unfortunately, Texas nursing home residents are susceptible to financial scams and schemes – schemes often run by nursing home staff members or the nursing homes themselves. In these scams, nurses, staffers, or other officials could convince nursing home residents to pay too much, change their wills, or make poor investments. If you have an elder in a Texas adult care facility, be on the lookout for the red flags of financial fraud, which may take place in tandem with emotional abuse or manipulation.
