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Financial Abuse

The unauthorised and improper use of funds, property or any resources belonging to an individual.

Those who financially abuse may be people who hold a position of trust, power, authority or have the confidence of the individual concerned.

Local Authorities should have in place Appointee and Receivership Teams who may act as Corporate Appointee and/or Corporate Reviewer, where a person needs someone to manage their financial affairs and is not able to undertake this themselves. Solicitors may also be appointed to provide this service.

 

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