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Who’s Stealing From Your Dad Right Now?

A fraud investigator shares tales from the dark side of human nature, as criminals trick people out of their life savings.
Source: DanielVilleneuve/Getty Images/iStockphoto

“You know in your heart of hearts that when the account balance hits zero, the girlfriend is gone,” says Wendy Johnson.

Johnson has been investigating suspicions of financial abuse of the elderly for six of her nine years on U.S. Bancorp Investment's complaints-and-investigations team. Most of the referrals she gets come from the bank’s financial advisers who suspect exploitation by someone a client knows and trusts—a son, daughter, attorney, grandchild, caretaker.