Seniors Need To Be Aware Of Possible Financial Abuse

September 29, 2023

Elder financial abuse is a lesser known, but a critical component that abusers use to exert control over their victims. It can range from an adult child denying an elderly parent access to money, to using scams, or disingenuous motives to steal money from a senior. Financial abuse is very serious.

For family members of seniors who may be susceptible to financial abuse, it is critical to keep an eye on their finances and their caretakers. Also, know if they might be communicating via phone or email with someone you do not know offering dubious business or investment opportunities. Local libraries and townships offer seminars on the latest possible scams. Take advantage of those seminars to become more informed.

For more information on Financial Abuse and ways for victims to escape these situations go to: www.annuity.org/financial-literacy/financial-abuse/

Brought to you by the St. Hubert Domestic Violence Outreach Ministry
Domestic violence hotline – call 877-863-6338. In an emergency, call 911.