What Is Elder Financial Abuse?

It’s a crime that deprives older adults of their resources and ultimately their independence. Anyone who sees signs of theft, fraud, misuse of a person’s assets or credit, or use of undue influence to gain control of an older person’s money or property should be on the alert. Those are signs of possible exploitation.  Older Americans that may have disabilities or rely on others for help can be susceptible to scams and other fraud.   Advances in technology can also make it difficult for seniors to know who to trust and what’s safe.

Safe Banking for Seniors

Despite threats, taking simple steps to safeguard personal information and being aware of warning signs can protect aging men and women from financial abuse. The following videos offer additional guidance for safeguarding assets and credit.

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