Financial Abuse of Elders

Financial abuse includes actions that decrease the financial worth of an older person without benefit to that person and may include:

  • Misusing or stealing a senior's assets, property or money (Sudden changes in bank account or banking practice  such as unexplained withdrawals of large sums of money by a person accompanying the elderly person);
  • Cashing an elderly person's cheques without authorization;
  • Forging an elderly person's signature;
  • Misuse of power of attorney;
  • Unduly pressuring seniors to make or change a will, or to sign legal documents that they do not fully understand; and
  • Sharing an older person's home without paying a fair share of the expenses when requested
  • Stealing or misusing an elderly person's money or possessions

Information adapted from:

To find out more on what the Government of Canada is doing for seniors visit or call:
•    1 800-O-Canada (1-800-622-6232)
•    TTY: 1-800-926-9105


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