Elder Financial Abuse — MoneyCrashers

Photo Credit: University of Minnesota Duluth Flickr via Compfight cc

 

Financial abuse is the theft or mismanagement of an elderly person’s funds, real estate, investments, or personal property. Like all abusers, financial elder abusers perceive the elderly as vulnerable and unlikely to fight back or expose the abuse. Financial abuse can be a one-time incident or it can continue for many years.

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