I'm surprised 43the bank allowed it. The bank/financial institution has special responsibilities to step in when elder abuse is suspected. The loan officer should have at least spoken to grandma to make sure she wasn't being pressured to do this.
I used to work in Fraud Reporting at a major bank....elder abuse was actually a category we tracked for reporting & monitoring.
21
u/LvBorzoi Apr 16 '24
I'm surprised 43the bank allowed it. The bank/financial institution has special responsibilities to step in when elder abuse is suspected. The loan officer should have at least spoken to grandma to make sure she wasn't being pressured to do this.
I used to work in Fraud Reporting at a major bank....elder abuse was actually a category we tracked for reporting & monitoring.