12 January 2013

Financial Elder Abuse By Relatives

There is Help?

"Financial exploitation of elders is broadly defined as the illegal or improper use of the funds, property, or assets of people 60 and older. In one national study, 5.2 percent of older Americans said they'd been victimized by family members, and 6.5 percent said they'd been exploited by others. A seminal national study by the MetLife Mature Market Institute found that the cost of such abuses is at least $2.9 billion a year. Yet many experts told us that because these crimes often go unreported, those estimates are most likely the tip of the iceberg."



How to Keep Elderly Loved Ones Safe


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