Waco: Seminars To Help Prevent Financial Exploitation Of Seniors

By: Brittany Semadeni Email
By: Brittany Semadeni Email

WACO (October 12, 2012)--Two seminars will be offered at senior centers to warn of the possibilities financial exploitation.

“Financial exploitation is when a caretaker, family member, or anyone with an ongoing relationship improperly or illegally uses the money or property of a person who is elderly or has a disability to for personal benefit or profit,” Texas Department of Family and Protective Services spokesperson Julie Moody said.

Warning signs include sudden changes in bank accounts or banking practices, unexplained withdrawal of large sums of money, adding names to someone’s bank signature card, unpaid bills despite large sums of money, unfamiliar people accompanying bank customers to withdraw money and sudden transfers of assets.

On Monday, Adult Protective Services will speak at the East Waco Senior Center on JJ Flewellen Road.

On Tuesday, they are scheduled to speak at the Kate Ross Senior Center on Cleveland.

Both events are scheduled for 10 a.m.

For more information, call Julie Moody at (512) 369-7146.

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