January 29, 2020 Elder Abuse Prevention Committee

Elder Financial Exploitation

Committee Report

Financial exploitation is the most commonly experienced form of elder abuse. Every year, more than $36 billion dollars is taken from older adults in the United States. While the incidence of financial exploitation is likely increasing, stigma and shame remain key reasons for underreporting.  

Every year, more than $36 billion dollars is taken from older adults in the United States.

Every year, more than $36 billion dollars is taken from older adults in the United States.

David Burton/Corbis via Getty Images

Premium Content For:
  • Senior Lawyers Division
Join - Now