Keeping an Eye out for Elder Financial Abuse and Fraud
As reported by the National Council on Aging (NCOA), US elder financial abuse and fraud losses range from 2.6 to 36.5 billion dollars each year. Financial exploitation reported by elders is more common than all other forms of elder abuse, however, NCOA believes instances of elder financial fraud and abuse
The Elder Abuse Prevention and Prosecution Act
The Elder Abuse Prevention and Prosecution Act was designed to combat the growing epidemic of the elderly being taken advantage of financially and abused physically. A study conducted by the National Council on Aging indicates that approximately 1 in 10 Americans aged 60 or older have experienced some form of
Isolation During COVID-19 May Increase the Risk of Elder Abuse
As some of the most vulnerable Americans to the COVID-19 pandemic, older adults are staying at home to lower their risk of infection as the coronavirus spreads throughout communities. The American Bar Association (ABA) reports that an unfortunate outgrowth from this isolation is an increase in risk factors for elder