Money Box Live: The complexities and consequences of financial abuse

Financial abuse happens in situations where someone you know has excessive control over your money. Examples include using your credit or debit cards without your permission, being asked to justify everything you spend, being encouraged to make changes to your will or a misuse of funds via a lasting power of attorney. The nature of financial abuse means it can affect people of all ages and genders. Friends, families and carers can be involved which makes it difficult for some victims to admit or even recognise that there's a problem. Ruth Alexander and a panel of guests examine the impact of financial abuse including possible options for people affected by it. What can financial service providers do to protect vulnerable customers who may be at risk? Send your questions, comments or experiences of financial abuse by e-mail to [email protected] or from 1pm to 3.30pm on Wednesday 22 June you can call 03700 100 444, standard geographic charges from landlines and mobiles will apply. Guests: Deborah Kitson Chief Executive of the Ann Craft Trust, Dr John Beer Chair of Action on Elder Abuse, Lisa King Head of Communications at Refuge, Paula Myers National Head of Contentious Probate for Irwin Mitchell solicitors and Joanna Elson Chief Executive of the Money Advice Trust and also Chair of the BBA Financial Services Vulnerability Taskforce. Presenter: Ruth Alexander Producer: Lesley McAlpine Editor: Andrew Smith.