Elder Abuse - Financial

Elder Abuse
Allan N. Schwartz, LCSW, Ph.D. Updated: Jul 7th 2007

 Financial exploitation is the fourth type of abuse and can occur at
the hands of family or strangers who learn how to prey upon what they
view as easy victims to be exploited. Ruthless and greedy family
members also prey upon their elderly parents and grandparents by
convincing them to turn over their money to them, ostensibly so that
they can oversee and protect the funds. Too often this becomes an
excuse to steal the funds for their own selfish purposes.