Financial Abuse is a growing concern throughout the nation. By following the suggestions below, you can help to prevent Financial Abuse and to identify situations where others might be at risk for Financial Abuse.
- Regularly review all your bank account statements and notify us immediately if you discover an unauthorized transaction.
- If something seems too good to be true, it probably is a scam – for example, you are told that you have won a prize for a contest you did not enter.
- Use direct deposit for checks whenever possible.
- Do not sign blank checks.
- Never give out credit card numbers over the phone unless you placed the call.
- Never give out your Social Security number or bank account number over the phone.
- Keep accurate and complete financial records of all transactions.
- Put all financial instructions in writing.
- Do not sign over money or property to anyone in return for care without having the agreement reviewed by an attorney.
- Do not leave valuables in plain view in your car, office or home.
- Don’t sign anything without reading it carefully.
- Don’t make donations to charities you do not know.
- Get several estimates before you have any work done to your home.
- Do not pay for any work until it is completed.
- Keep all documents, such as wills, insurance policies, bank information, in a safe place or safe deposit box.
- Establish a relationship with the employees at your bank.
If you think you have been a victim of Financial Abuse, contact local law enforcement.