yes ,aging protective services or Eldercare locator! i actually had a person's social worker get involved and help before person was released from healthcare facility to go home. I also let their personal health care physican know so the doctor can be aware of this too and keep them notified of any changes in persons behaviour,appearance,etc..good luck,and God bless you for being so concerned for other's well-being..i have always felt it is our duty to protect children and elderly,they are not able to themselves..you are doing right and take care and protect yourself too if needed from whoever is taking advantage of the elderly person
Our Sheriff's Dept. has a new program that is aimed at keeping elders from being scammed or duped. Most of the volunteers are retired Law Enforcement Agents and know the ropes. So, check your local LEAs to see if there is a similar program. Also, the answer above that recommended the Area Agency on Aging is good--I found out about this relatively new LEA program at a Caregiver Conference.
oh, loan is just due. Has this person paid back the loan. If it is still pending, then you won't have a leg to stand on...the elder won't...now begins the work of trying to collect on the loan. If you help with this, with "written permission of the elder," perhaps, then save and record all responses from the borrower. If you or collector starts getting runaround and told to "go to ____" then you have some ground to stand on. You can get a Google Voice phone number that has a recording feature...and when you push button, and voice will alert other person that this call is being recorded.
if you report this, the Dept of Aging and Protective services might themselves conserve the person, or find responsible person to sue for conservatorship of the elder. This is long and gruesome process. The person who did the bogus loan is guilty of financial elder abuse, so if this is really the case, press for criminal prosecution. You might start with the police, actually. Prepare for this to get complicated and perhaps ugly.
First contact your local law enforcement office , they will inform you of what to do. The law takes a very dim view of people who do these things and do go after them . I would hope that you have also contacted the loan office.
Contact your local department of Aging -Protective Services. They just helped me with my mom and it is free of charge. Their job is to protect the elderly for everything and they really do. They will pursue the person and get them prosecuted if indeed they took advantage of someone with alzheimer's. You can also contact the police to file charges as well.
Contact your local area agency on aging - or the one where the elder lives - to see if they have an ombudsman who can help. If the loan was signed recently and the elder has given his Power of Attorney to someone else, that PoA might be able to argue that the elder was incompetent at the time of signing. Have the Ombudsman contact the loaner to tell them that the loanee suffers from alzhiemers and should never have signed in the first place. Hopefully, they'll go after the creep that asked him to sign.