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- Financial Exploitation - United States Department of Justice
Below, learn about common financial scams and financial abuse committed against older adults and how to get involved in making your community safer If you need help, the Elder Abuse Resource Roadmap can guide you to the right agency for your particular situation
- What Is Elder Financial Abuse? – Forbes Advisor
Elder financial abuse is defined as someone illegally or improperly using an elder’s (aged 60 or older) money or belongings for their own personal use The financial exploitation of elderly people
- How to Report Elder Abuse, Financial Exploitation - AARP
Family members and caregivers are “uniquely positioned” to spot signs that an older loved one is being financially exploited and are most likely to report the abuse, according to a 2020 report from AARP’s BankSafe initiative, which works with financial institutions to prevent elder fraud
- Elderly Financial Exploitation Advisory - FinCEN. gov
Amid rampant fraud and abuse targeting older adults, FinCEN urges financial institutions to detect, prevent, and report suspicious financial transactions
- Reporting elder financial abuse | Consumer Financial . . .
Where should I report financial abuse? If you suspect elder financial abuse, report it to Adult Protective Services (APS) APS are social services programs in each state They serve older adults and adults with disabilities who need help due to abuse, neglect, or exploitation
- Elder Financial Exploitation: How to Spot and Prevent this Abuse
(3 Minute Read) — Elder financial exploitation is a growing but often invisible crisis affecting millions of older adults It happens when someone misuses or steals an elder’s money, property, or assets—often someone they know and trust
- SAFE MONEY: Elder Financial Exploitation - Office of the . . .
Elder financial exploitation involves the theft or misuse of an older adult’s money, assets, or personal information Scammers target older adults by exploiting their trust, vulnerability, or mental state, often using fraudulent relationships to access their money or assets
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