But the risk of financial exploitation may increase without a financial advisor to oversee transactions and financial decisions. If an elder relies on a financial professional, the Financial ...
Financial exploitation is a growing threat affecting ... avoiding unsolicited contacts and understanding the risks of sharing personal information online are key steps. Maintaining a continuous ...
Elder financial exploitation, called "the crime of the 21st century" by the MetLife Study of Elder Financial Abuse, cost older Americans at least $2.9 billion in 2010. "In a very real sense, a huge ...
Banks fill many roles, including acting as clearinghouses of risk and recyclers of capital. Some are vanguards in ...
Elder abuse refers to any knowing, intentional, or negligent act by a caregiver or any other person that causes harm or a serious risk of harm to a vulnerable adult. Types of elder abuse include ...
Another common risk factor is social isolation ... For every case of elder financial exploitation that is reported, another 43 cases are estimated to go unreported, per King County prosecutors.