Report Shows Elder Financial Abuse Typically Carried Out by Family
The National Committee for the Prevention of Elder Abuse’s former president says that elder financial abuse is more likely to be perpetrated by family members than fraudulent telemarketers and the like. A Department of Justice study seems to concur, as it showed that relatives spending an elderly’s individual’s money without bothering to seek permission is the most frequent abuse out there. To avoid danger, caregivers and family members are urged to look out for suspicious transactions and increasing isolation by the elderly person.
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