The Alzheimer's Association also offers help for families trying to work through financial decisions.
Even those who were not impaired reported being exploited, though less often.
"You don't want to fight anymore for those things that give you that higher quality of life."Lichtenberg mostly works with clinicians to determine a senior's financial decision-making abilities.
But he and others say there are signs, even for family members and other loved ones, that may indicate it's time that a senior get help in financial decisions.
"I worked hard and then to have other people come into my house and take what they want is just wrong."Related: 2 metro Detroit doctors convicted of health care fraud A series of studies at Wayne State University is bringing into focus the vulnerability of elderly people not only to con artists and mail scams — but also to loved ones and trusted caregivers.
And the lead researcher, as well as other experts agree: Part of the problem is the ability of the perpetrators to rationalize their deeds.
She reached her childhood dream: to one day carry a briefcase and wear nice clothes and provide for her family.