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Generously giving money is an early sign that an elderly person could be suffering from dementia

Kindness or mindless? Generously giving away money is an early sign that an elderly person could be suffering from dementia, study finds

  • Elderly people who are more generous giving out their money score worse on cognitive tests and are at a higher risk of developing Alzheimer’s
  • Researchers found that some older people whose brain’s were in a worse state were more likely to give money to a stranger
  • They warn that family and caretakers of an elderly person should be worried if they are suddenly more altruistic
  • The elderly are often preyed upon by scammers, with an estimated $3 billion stolen every year 



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