According to the National Adult Protective Services Association (napsa-now.org), 1 in 9 elders are victims of financial abuse. Has he been able to verify that the person asking for (and receiving) this money is actually his niece? If the niece does have a drug problem, money from Fred could make matters worse for her. The National Adult Protective Services Association has a searchable database; you could report suspected fraud by calling your local hotline. These words are coming from someone who is an expert in failed plans that lead to financial ruin.
Source: Washington Post February 07, 2020 04:52 UTC