Financial Exploitation of Older Persons
@article{Rabiner2006FinancialEO,
title={Financial Exploitation of Older Persons},
author={Donna J. Rabiner and Janet E. O'keeffe and David Bentley Brown},
journal={Journal of Aging \& Social Policy},
year={2006},
volume={18},
pages={47 - 68}
}Abstract Financial exploitation is a recognized social problem of unknown, though likely increasing, magnitude. It can occur through numerous methods, including the misuse of powers of attorney and guardianship, illegal transfers of property, and outright fraud and theft. Financial crimes against older persons are difficult to address because they often go unreported. This paper provides a summary of findings from a study of financial exploitation of older persons. We review what is known about…
22 Citations
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Although the vast majority of the elders perceived financial abuse as elder mistreatment, only two-thirds intended to seek help, revealing a lower likelihood of seeking formal types of help with those who had higher level of adherence to traditional values and the profile of vulnerable elderly Koreans who are at higher risk of being financially abused: male and less educated.
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