TITLE

Seniors get fleeced out of billions of dollars every year-- and most of it goes unreported

AUTHOR(S)
Hanson, Jim
PUB. DATE
November 2009
SOURCE
Credit Union Magazine;Nov2009, Vol. 75 Issue 11, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the increasing trend in elder abuse through financial exploitation in the U.S. It states that exploitation in elders are rampant because they are vulnerable in cognition problem, poverty, loneliness and inexperience. It also offers information on the types of financial abuse among elders as well as suggested initiatives on how to protect the welfare of elders.
ACCESSION #
45540413

 

Related Articles

  • Guest Editorial. Elder Abuse and Financial Exploitation: Unlawful and Just Plain Awful! Fitzwater, Evelyn L.; Puchta, Charles // Journal of Gerontological Nursing;Dec2010, Vol. 36 Issue 12, p3 

    The author reflects on financial exploitation of older people and its rise in the U.S. According to the U.S. Centers for Disease Control and Prevention (CDC), financial exploitation is a serious public health problem that is often hidden and is underreported. Topics include statistics related to...

  • Financial Elder Abuse. Shilling, Dana // Family & Intimate Partner Violence Quarterly;Winter2014, Vol. 6 Issue 3, p57 

    The article focuses on the financial abuse of the elderly. It argues on the common practice of scamming savings of elderly grandmothers. It unveils that some of the perpetrators of such action are themselves elderly persons. It discusses the growth of this kind of criminal action among elder people.

  • When the System Fails Us. Krohn, Shirley // Family & Intimate Partner Violence Quarterly;Winter2014, Vol. 6 Issue 3, p75 

    The article addresses the lack of attention given by the criminal justice administration to report acts of financial fraud among older people. The author voices out the injustices confronted by elderly who are often given less of legal remedies after being scammed of their savings by family...

  • The Case of the Poached Pension: FTC Warns of Veteran Scams. Shilling, Dana // Family & Intimate Partner Violence Quarterly;Spring2015, Vol. 7 Issue 4, p317 

    The article discusses the guidelines published by the Federal Trade Commission (FTC) in the U.S., titled "Veteran's Pensions: Protect Your Money From Poachers." It mentions that elderly people are at high risk of being the victims of scams. It offers tips on how to avoid being financially...

  • CAREGIVER BURDEN, ELDER ABUSE AND ALZHEIMER'S DISEASE: TESTING THE RELATIONSHIP. Gainey, Randy R.; Payne, Brian K. // Journal of Health & Human Services Administration;Fall2006, Vol. 29 Issue 2, p246 

    Caregiver burden is among the most cited explanations for elder abuse in the literature. Despite its popularity, the explanation is rarely tested empirically. To fill this void in the literature, this study considers the role of caregiver burden in 751 suspected cases of elder abuse. The results...

  • Look to the OASIS for Signs of Patient Abuse And Neglect.  // Eli's OASIS Alert;Sep2012, Vol. 13 Issue 9, p104 

    The article focuses on how to determine possible elder patient abuse and neglect by looking to the Outcome & Assessment Information Set (OASIS) for the signs. The National Center on Elder Abuse notes that people age 80 and above are abused and neglected three times more often than younger...

  • Elder and Disabled Adults in the Blogosphere. Cook-Daniels, Loree // Victimization of the Elderly & Disabled;Sep/Oct2009, Vol. 12 Issue 3, p37 

    The article reviews the blog sites that focus on elderly abuse and which can benefit the elderly population including the Prevent Elder Abuse blog site of Lisa Nerenberg (http://PreventElderAbuse.blogspot.com), Investigating Elder Abuse Blog sponsored by Investigative Research Specialists, LLC...

  • CU LOOKS OUT FOR WORLD WAR II VET.  // Credit Union Magazine;Nov2009, Vol. 75 Issue 11, p30 

    The article reports on the assistance given by Delta Schools Federal Credit Union (CU) staffs to John Whittaker, a World War veteran financially abused by Joe Gonzales in Antioch, California. It states that Delta Schools conducted an eight-month surveillance on Whittaker's account after they...

  • Scam alert: five new - and 'not so new' - scams targeting seniors.  // Hudson Valley Business Journal;3/8/2010, Vol. 21 Issue 10, p4 

    The article presents the most common frauds and scams which targets senior citizens in the U.S. It includes the grandparents scheme, the fake lottery or sweepstakes, and the discount prescription scam. It notes that elderly must be warned when receiving lots of telephone sales calls in order to...

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics