Elder Financial Abuse: How a Caregiver Stole Nearly $1 Million From a Woman With Dementia - EP 196

Financial exploitation of older adults is one of the fastest-growing forms of elder abuse in the U.S.. Today, we share the chilling story of what one son discovered after his mother’s death: a forensic trail of over 3,000 fraudulent transactions and institutional failures that allowed a serial offender to hide in plain sight.https://www.caregiverrelief.com/elder-financial-abuse-how-a-caregiver-stole-nearly-1-million-from-a-woman-with-dementia-with-charles-chip-wallace-jr-episode-196Guest Charles "Chip" Wallace joins Diane Carbo to discuss his book, The Caregiver’s Game. Together, they break down the red flags of "grooming," the importance of being the one to hire home help, and why you can’t always rely on banks or professionals to catch the fraud for you.Key Takeaways:Why long-distance caregivers are at higher risk.How to use "nanny cams" and shared account monitoring effectively.The reality of Adult Protective Services and where the "safety net" often fails.Listen now to learn how to protect your loved ones from the dark side of home care. 🎧🦾