Officials say the downturn in the economy has led to far greater exploitation of the elderly as younger family members prey upon older relatives.
More and more, adult children are moving in with aging parents because of the tough economic times and then victimizing them. What can start as using some of their parents' money for gas can escalate into totally wiping out their parents' assets, according to area officials.
A hurting economy can make whatever funds are coming in all that more tempting for others, said Ellen Brooks, Montgomery County district attorney.
Full Article and Source:
Exploiting Their Elders: Crimes Against Aging Parents Rise as Economy Falters
Not true in general. Adult children are moving in with their aged parents, true, but to provide care. That's a good thing.
ReplyDeleteHere's what's really going on and why "officials" are trying to put out a smokescreen: the lawyers are hungry.
Guardianship will increase during this tough economy becaue the lawyers are hungry.
was this written by a lawyer who wants more guardianship cases? i take care of my parents they are mid 90's anyone want to tell me why i am doing what i am doing these so called experts are full of it
ReplyDeleteYou're absolutely right, jerri
ReplyDeleteFamily theft does occur but it doesnt compare to the legalized theft stolen through guardianship.
ReplyDeleteWhen families steal, they steal up to a couple hundred thousand dollars. And that's alot.
But fiduciaries steal it all.