A new state elder abuse study has found that Utah's seniors lose an average of $1 million weekly to thieves.
The study from the Utah Adult Protective Services found the majority of perpetrators are the children and grandchildren of the state's seniors, according to The Salt Lake Tribune.
The report, which was based on 2009 data, found that thefts ranging from $35 to more than $745,000 resulted in overall costs of more than $51 million to seniors, taxpayers, businesses and the government.
It found some $30 million was taken from financial institutions, leaving Utah to pay an estimated $7.8 million to care for elders impoverished to the point that they turned to Medicaid for health care.
Read more at the Washington Examiner: http://washingtonexaminer.com/news/2011/02/study-highlights-utahs-elder-abuse-problems#ixzz1F4LSqZBS