When a loved one with dementia keeps getting scammed, it can be deeply distressing and challenging to manage. Dementia affects memory, judgment, and decision-making, making individuals more vulnerable to financial exploitation. Scammers often take advantage of this vulnerability, leading to significant financial losses and emotional harm.
One of the first steps to protect your loved one is to recognize the warning signs of financial abuse. These can include unexplained withdrawals from bank accounts, missing money or valuables, sudden changes in wills or legal documents, unpaid bills despite available funds, and unusual behavior such as anxiety or reluctance to discuss finances[1][3]. Emotional signs like fear or withdrawal around certain people may also indicate exploitation.
Legal safeguards are crucial. Establishing a durable power of attorney allows a trusted person to manage financial affairs but with limits to prevent misuse. Setting up revocable living trusts can also help ensure that financial decisions align with your loved one’s wishes and provide oversight[1]. It is important to choose agents carefully and consider involving a lawyer to draft these documents properly.
Financial institutions have new laws and tools to help protect seniors. For example, some states allow banks to delay suspicious transactions for a period to investigate potential exploitation. They may also notify trusted contacts if they suspect abuse[2]. Using technology platforms designed to monitor unusual financial activity can provide early warnings of scams.
If you suspect your loved one is being scammed, report it immediately to Adult Protective Services or the appropriate local agency. In emergencies, call 911. Early reporting can help stop ongoing abuse and connect your loved one with support services[3].
Education is also vital. Caregivers and family members should learn about common scams targeting seniors, such as fake charities, lottery scams, or fraudulent investment schemes. Teaching your loved one simple rules, like never giving out personal information over the phone or internet, can reduce risk.
Maintaining open communication and emotional support helps reduce isolation, which scammers often exploit. Regular visits, involvement in social activities, and monitoring financial statements together can create a safer environment.
If financial exploitation has already occurred, legal action may be necessary. Consulting with an elder law attorney can help recover lost assets and prevent further abuse. They can also assist in setting up stronger protections tailored to your loved one’s situation[1].
Protecting a loved one with dementia from scams requires vigilance, legal safeguards, cooperation with financial institutions, and emotional support. Taking these steps can help preserve their dignity, security, and peace of mind.
Sources
https://www.collinsfamilylaw.com/blog/2025/november/legal-options-to-prevent-elder-abuse/
https://getcarefull.com/articles/what-financial-institutions-need-to-know-about-new-elder-financial-exploitation-laws
https://www.pittcountync.gov/901/Elder-Abuse-Prevention
https://www.seniorliving.org/research/elder-abuse-statistics/
