Money Talks Podcast: What is financial abuse and what are the signs?

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Abuse News

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Immediate family members are often the perpetrators of financial abuse. But there are many cases that often go unreported, says our guest on this week’s Money Talks.

18:56 What to do if you suspect there’s been financial abuse

Victims of financial abuse experience psychological and emotional distress as they lack the freedom to use their money as they wish. Financial abuse of vulnerable adults has been on the rise in Singapore. What are the red flags and what kind of legal and non-legal action can be taken to mitigate the impact?

In this episode of Money Talks, Chong Yue-En, a lawyer and the Managing Director of Bethel Chambers LLC, gives us a breakdown of this complex issue. is an illegal or improper use or mismanagement of a vulnerable person's money, property or resources without his or her knowledge or consent, and possibly under … undue influence or … pressure.Some actually do know they're being financially abused, but it's just difficult. your favorite son.

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