Judges warning after Yorkshire Dunkirk veteran lost everything through 'Power of attorney'published at 15:25 British Summer Time 15 August 2017
A retired senior judge has warned the power of attorney system lacks safeguards, saying he would never sign one himself.
The enduring or lasting power of attorney is a legal document, which allows someone to make your financial decisions when you can no longer do so.
The warning, by Denzil Lush, follows the case of North Yorkshire Dunkirk and Normandy veteran, Frank Willet, who was exploited by his neighbour Colin Blake.
Frank's daughter, Lesley, lived 300 miles away from her father who, suffering from dementia and in his early 80s, made Blake his attorney, giving him responsibility for his financial affairs.
Lesley believed Frank's assets were safe.
But just weeks after the papers were signed, Colin Blake had begun taking out large sums of money.
In February 2003, Blake withdrew nearly £9,000 from Mr Willett's account in a single transaction. As he had power of attorney, the bank didn't contact Lesley.
Blake drew out more money, using the sums to pay his own bills.
He also registered the enduring power of attorney (EPA) with the Court of Protection, which allowed him to sell Frank's house, a two-bedroom bungalow in North Yorkshire.
The police pursued Blake to France.
Last month he pleaded guilty to theft and was sentenced to four-and-a-half years.