Elder financial abuse impacts millions of Americans
The Ramirezes were victims of elder abuse — which is far more common than you’d think.
In fact, the National Council on Aging reports up to five million older Americans are affected each year, while victims of financial abuse are estimated to lose at least $36.5 billion a year.
And in almost 60% of cases, the perpetrator is a family member — often the adult child or spouse of the victim.
The Ramirezes told FOX26 they’ve since been displaced and their Social Security income isn’t enough to buy a new home or even afford rent.
"They left us with nothing," Ismael said.
