Public Guardian Says Dementia Resident Was Victim of Financial Corruption for Nearly a Year
Attorneys Steve Levin and Mike Bonamarte continue to offer legal support alongside acting Cook County Public Guardian Charles Golbert for a 97-year-old woman with dementia who was financially exploited by her nursing home care staff for the sum of three quarters a million dollars. It was initially believed the aging resident with dementia and no living relatives, Grace Watanabe, had her life savings of $600,000 taken from her by five care workers at Symphony Residences of Lincoln Park, located at 1366 W Fullerton Ave in Chicago. New information now suggests the amount stolen is actually closer to $750,000.
The legal team for Ms. Watanabe is working hard to recover the stolen money, hopefully with the help of Symphony administrators in releasing all requested documents regarding the financial exploitation. So far, one of the thieves has agreed to repay $15,000 to the victim.
Dementia Patients Remain Easy Target for Abuse
It is estimated that as many as 1 in 5 nursing home residents have been victims of financial abuse. Numbers are much higher for residents who suffer from memory and mind-altering disorders such as dementia and Alzheimer’s. These patients are often most susceptible to the exploitation or mismanagement of their personal funds by nursing home staff or family members. Since these residents face daily cognitive challenges they become very trusting to even those who are dishonest. This can make identifying financial abuse a difficult task. It is important to understand some of the common signs of this type of incidence.
- Changes in Financial Status
- Unexplained Withdrawals
- Missing Money from Purse, Wallet or Room
- Resident Unable to Make Regular Purchases
- Personal Belongings That Go Missing
- Unauthorized Names Added to Bank Account
- Reluctance to Discuss Finances
- Request for Additional Funds
The warning signs of financial abuse are nothing to ignore. Nursing home administrators and other staff members need to be aware, so they can act should one of these red flags pop up and report it immediately. Any type of stealing or misappropriation is not only immoral, it usually creates a trail of criminal behavior involving additional financially exploited nursing home residents.
Chicago’s Nursing Home Abuse and Neglect Attorneys
The Illinois nursing home attorneys at Levin & Perconti can help if the personal finances of a loved one or patient have been mishandled during a stay at a Symphony Post-Acute Network facility or any other Illinois nursing home. Levin & Perconti is one of the most widely-known and respected nursing home abuse and neglect law firms in Illinois, achieving multiple million dollar verdicts and settlements for individuals and families who have been impacted by all types of nursing home abuse, malpractice, or neglect.
Our consultations are always free, confidential, and handled by one of our skilled attorneys. Click here to fill out an online request form or call us toll-free at 1-877-374-1417 or 312-332-2872.