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Fraud or not?
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You can contact these people - http://www.elderabuse.org.uk/ - for support and advice.
Yes - and also make absolutely sure that the staff at your elderly relative's care home are aware of what is happening, in case the potential thief visits to try and persuade them to sign something.
Here is a dreadfully tragic tale from the forum of what happened when a trusted family member took advantage of an older relative: https://forums.moneysavingexpert.com/discussion/4764044
I really hope that the OPs are in time to prevent anything on this scale happening to their loved one. It's good that they are looking out for someone so vulnerable.
Hope all turns out well. x0
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