Scam warning
Trusted Helper Taking Money
Sometimes the person taking advantage is someone close: a caregiver, a new friend, a neighbor, or even a family member. They may pressure you to give them money, add them to your bank account, change your will, or sign a power of attorney.
Also called: Elder financial abuse, Caregiver fraud, Power of attorney abuse
The one thing to remember
You have the right to say no, even to people you care about. Before you sign anything about your money, talk to someone else you trust.
How it happens
- Someone becomes very helpful and close, quickly.
- They start helping with mail, banking or shopping.
- They ask for loans, gifts, or to be added to your accounts.
- They may discourage you from seeing or calling family and friends.
Warning signs
- Money or valuables going missing.
- Pressure to change your will, deed or bank accounts.
- Being kept away from family or friends.
- Bills going unpaid even though there should be money.
What to do
- Talk to someone outside the situation: a family member, your doctor, your banker or clergy.
- Ask your bank about adding a “trusted contact” to your account.
- Contact Adult Protective Services. Find yours through the Eldercare Locator at 1-800-677-1116.
- If you're in danger, call 911.
Last checked: October 31, 2026