Financial or Material Abuse
Financial or material abuse includes theft, fraud, internet scamming, coercion in relation to an adult’s financial affairs or arrangements, in connection with wills, property, inheritance or financial transactions, or the misuse or misappropriation of property, possessions or benefits.
Indicators of financial or material abuse may include:
- Change in living conditions
- lack of heating, clothing or food
- Inability to pay bills or unexplained shortage or money
- Unexplained withdrawals from an account
- Unexplained loss or misplacement of financial documents
- The recent addition of authorised signatories on a client’s signature card
- Sudden or unexpected changes in a will or other financial documents