Discussion Paper 10, Preventing financial abuse of people with dementia, June 2014.
The financial abuse of people with dementia is a concern to Alzheimer's Australia NSW with staff hearing about numerous cases. This research was conducted to examine how the abuse occurs and what can be done to prevent or reduce the incidence of it. The Paper includes examples of financial abuse of people with dementia which highlight the ways in which it is perpetrated and the devastating effects it has for victims and their loved ones.
A number of possible strategies to reduce the incidence of financial abuse of people with dementia and to resolve cases satisfactorily emerged from the research. These include reporting of the abuse, and registration and monitoring of people appointed as an attorney under an Enduring Power of Attorney.