Financial Elder Abuse Issue Is More Serious Than It Might Seem At First Sight With Family Members Being Most Common Perpetrators
Elder abuse is a huge issue in our country, and unfortunately, it is predicted to grow even bigger due to the increase in the number of older adults. With that being said, one of the most prevalent types of elder abuse is financial exploitation. Recent studies show that the main reason for people to financially abuse older people is simply that it is easy to exploit them. Another horrible fact is that one in five people knows at least one person who is or was exploited for financial gain. So what can we do about this issue? First, we need to know how to recognize financial elder abuse.