Elderly adults who live alone may be targeted by scams attempting to gain access to their finances. Elder financial exploitation becomes even more common if they are experiencing the early stages of dementia or Alzheimer’s disease. If you are caring for an elderly adult, at some point you may find that your loved one is the victim of financial mistreatment. In fact, financial abuse happens to about one in nine elderly adults. Sadly, only about one in 44 cases is ever brought to authorities. Since nearly 90% of abusers are caregivers or family members, you may find yourself in a tough personal position while doing what is best for your loved one. As a caregiver, it is important to be aware of some of the financial scams that can occur and some ideas to keep your loved one safe.