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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