Question: What Is Elderly Financial Exploitation?

What are the signs of exploitation?

Signs of child sexual exploitationUnhealthy or inappropriate sexual behaviour.Being frightened of some people, places or situations.Bring secretive.Sharp changes in mood or character.Having money or things they can’t or won’t explain.Physical signs of abuse, like bruises or bleeding in their genital or anal area.More items….

What is taking advantage of the elderly?

Exploitation refers to the act or process of taking advantage of an elderly person by another person or caretaker whether for monetary, personal or other benefit, gain or profit.

What does exploitation of the elderly mean?

Financial exploitation occurs when a person misuses or takes the assets of a vulnerable adult for his/her own personal benefit. This frequently occurs without the explicit knowledge or consent of a senior or disabled adult, depriving him/her of vital financial resources for his/her personal needs.

Is exploitation of the elderly a felony?

Financial exploitation of an elderly person or a person with a disability is: (1) a Class 4 felony if the value of the property is $300 or less, (2) a Class 3 felony if the value of the property is more than $300 but less than $5,000, (3) a Class 2 felony if the value of the property is $5,000 or more but less than …

How do you investigate financial exploitation of the elderly?

If you suspect someone of being financially abused, there are several actions you can take: Report the possible crime by calling your local Adult Protective Services and state attorney general’s office. File a police report. Explore options at your local probate court if your state has such courts.

Who is most likely to financially exploit an elder?

Elders with abusers who perceived that they had reliable social support were 88 percent more likely to experience pure financial exploitation compared to victims with abusers with overburdened social support.