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Ray
Ray, Lawyer
Category: Legal
Satisfied Customers: 38262
Experience:  30 years in civil, probate, real estate, elder law
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My 80 year old sister-law aloud a young (47) year old (who

Customer Question

my 80 year old sister-law aloud a young (47) year old (who promised large returns)
remove (all) her life savings of 93ks. 40ks on hand written notes and 53ks from several credit cards over several years?
brother-law willie (TEXAS)
Submitted: 9 months ago.
Category: Legal
Expert:  Ray replied 9 months ago.

Hi and welcome to JA. Ray here to help you tonight.

You should have her report this to the police immediately.This is exploitation of an elderly person and a criminal act or acts.She will have a chance to get some of this back through restitution from the conviction.This is more likely to get her money back rather than suing the person.

Expert:  Ray replied 9 months ago.

Financial exploitation is when a relative, caretaker or anyone with an ongoing relationship, improperly or illegally uses the money or property of a person who is elderly or has a disability for personal benefit or profit.

Expert:  Ray replied 9 months ago.

I hope she will report this and prosecute this person for exploitation of an elderly person and related crimes.