Know the signs of elder financial abuse

Find out about the common signs of elder financial abuse you may see at your financial institution. Learn about steps to take if you suspect elder financial abuse.

Signs of elder financial abuse

• Unusual account activity, such as large cash withdrawals or an increase in ATM transactions.
• Inability to explain the unusual account activity.
• Increased confusion about banking and financial issues.
• Adding a co-signer to the elder's account.
• Unexpected interest from a third party in the elder’s financial affairs. 
• Attempts by a third party to access the elder’s account(s) or make withdrawals.
• Request to notarize forms the elder does not understand when asked. 
• Explanation of a deal that sounds "too good to be true," or online solicitation.