Safeguarding
Financial Abuse
Guidance on identifying and dealing with issues of financial abuse.
The Care Act 2014 describes ‘financial abuse’ as a type of abuse which includes having money or other property stolen, being defrauded, being put under pressure in relation to money or other property and having money or other property misused.
Financial abuse can take many forms and is often associated with other forms of abuse. It might look like:
- Borrowing money and not giving it back.
- Stealing money or belongings.
- Taking pension payments or other benefits away from someone.
- Forcing someone to sell their home or assets without consent.
- Tricking someone into bad investments.
- Forcing someone to make changes in wills, property or inheritance.
Here are some useful links to help: