Tag: financial abuse

With its fate hanging in the balance, it’s a good time to remember the Consumer Financial Protection Bureau arose out of subprime mortgage scams like these. A mother who moved her young children out of coveted government-subsidized housing after a loan broker told her she could afford a house. Foreclosure ensued immediately. A woman wanted…

A son uses his elderly mother’s ATM card at casinos and liquor stores or takes her to the bank to withdraw money from her account. A woman reports that her sister stole thousands of dollars’ worth of jewelry from their mother, who suffers from dementia. An elderly couple assigns power of attorney to their son,…