Scott Rahn, Founding Partner of RMO LLP, was recently quoted by InvestmentNews in an article discussing the line families often struggle to identify: when fraud against an older adult reveals a larger protection issue involving vulnerability, isolation, undue influence, cognitive decline, or loss of control.
The article explores the growing challenges families face as elder fraud losses continue to rise, particularly as cognitive decline, isolation, dependency, and undue influence increasingly intersect with financial exploitation.
As Scott explains, the warning signs often go beyond a single suspicious transaction. Repeated transfers, secrecy, unpaid bills, sudden estate plan changes, new “friends” with unusual influence, and isolation from trusted family members or advisors can all signal a deeper issue.
With AI-enabled scams, deepfakes, voice cloning, and increasingly sophisticated digital fraud, early attention and evidence preservation are more important than ever.
Read the full article here.
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