Financial abuse of nursing home patients, also referred to as financial exploitation, occurs when someone illegally or improperly uses an elderly person’s funds, assets or property. In some cases, this is a nursing home employee. In other instances, it involves a person from whom the nursing home had a duty to protect the patient.
It’s well-established that nursing home residents are in a unique and vulnerable position to be victims of financial abuse. They may have considerable assets, but they are often especially vulnerable to deception. Residents are often not even aware that the financial exploitation is taking place. That’s why there is so seldom accountability.
One exception to this occurred recently in Missouri, where local news outlets reported a nursing home employee was sentenced to 10 years in prison for financial abuse that included stealing Medicaid checks and other property. Continue reading →