The system for taking control of a person’s financial affairs is “wide open” to fraud, an investigation has found. It revealed that the application process for obtaining the document known as lasting power of attorney (LPA) has no routine identity checks or effective fraud controls. Labour said it was a “national scandal” and called for an urgent inquiry.
The scheme is intended to help manage the affairs of those who are vulnerable or seriously ill. The stamped paper documents can be checked by
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