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What can be done if an individual who has Power of Attorney is misusing the credit cards of the POA grantor?

In: Credit and Debit Cards, Estates, Credit [Edit categories]

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Why do they "know" they won't be held responsible? They believe the person who issued the POA will never find out, or ...?

Being given a POA is not a license to steal/self-deal. One has a fiduciary duty to the person who issued the POA.

A POA becomes null and void upon the death of the grantor. When the deceased estate is probated any misuse of funds or mishandling of property will be discovered upon the auditing of the estate. A person abusing POA authority can be held directly responsible for such actions and said acts could result in both criminal and civil penalties.

First answer by Macky. Last edit by Macky. Contributor trust: 5187 [recommend contributor ]. Question popularity: 20 [recommend question].

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Relevant answers:

What happens to my credit card debt after I die if I have a power of attorney?
If you have money or property - the bills will be paid. If you don't have any money the bills won't be paid.
How is credit card theft done?
you shouldn't take it in the first place.
Who is charged for misusing credit cards?
People who misuse credit cards are charged for misusing credit cards.
What can be done with a power of attorney?
The meaning of authority over subjects listed on a power of attorney form is explained in your state statutes.
How did they debit your credit card as you have done no transaction with them?
Fraudulent Transactions Fraudulent transaction is any transaction that takes place in your account that you did not authorize. This includes someone physically stealing your card and use, and where...

What can be done if an individual who has Power of Attorney is misusing the credit cards of the POA grantor?

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