Think about and analyze this difficult situation

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Think about and analyze this difficult situation: An elderly man around 80 years old is a widower. He had a very successful career as a stock broker and made a decent living for his family. He didn't retire from working until about 4 years ago. Since then, he has had some health issues and vision problems as well as some forgetfulness that may or not be increasing. He still drives and takes himself wherever he wants to go, including restaurants, bars, casinos and his county club for daily poker games. Two years ago he met a woman who is about 45 years old. She started to spend time with the man and they two of them go out together very often, spend time together, and the man spends a great deal of money on her - gifts, dinners, trips, etc. Recently, the daughter of the man noticed that he is spending enormous amounts of money each week and going through his savings much too quickly. He makes daily withdrawals from his bank account and makes big purchases. The daughter is worried and is trying to reduce his spending. The daughter suspects the woman is taking advantage of her father. What do you think she should do?

Reference no: EM132245892

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