I read another article in our city paper today about a financial planner stealing money from his clients and placing it directly into his own bank account.

He had permission to buy and sell securities without consulting his clients. This is very common for the elderly to find a planner and place all their faith and trust in them. Please try to go through your parents finances and really check records to be certain this isn't happening to them.

This is another form of elder abuse. The sad story is that I'm sure there are many others out there doing this and getting away with it.

The good news is the guy was sentenced to four years and three months in federal prison and has to pay more than $1.6 million in restitution.

Let's remember to look out for our parents.
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Founder Emeritus of Boomer Women Speak and the National Association of Baby Boomer Women.
www.nabbw.com
www.boomerwomenspeak.com