What is financial exploitation 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. Interventions to address financial exploitation of the elderly include closing joint bank accounts having the victim revoke the power of attorney having a responsible person or agency to assist with managing the victims funds and reducing the isolation of victims by connecting them with agencies that can assist them. The department of justice is striving to combat financial crimes against older americans learn about prevalent financial scams so you can guard against them and get involved in making your community safer if you need help there is a elder abuse resource roadmap that can guide you to the right agency for your particular situation. Elder financial exploitation financial exploitation is a fast growing form of abuse of seniors and adults with disabilities situations of financial exploitation commonly involve trusted persons in the life of the vulnerable adult such as
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