5 Most Common Types of Financial Elder Abuse

By MatadorAdminNursing Home Abuse

Financial exploitation is the most common form of elder abuse, next to neglect and emotional abuse. About 12 percent of the crimes against older Americans involves financial abuse – unauthorized check cashing, coercing the elder to part with property, or diverting guardianship. Each year, senior citizens are swindled out of some $36.5 billion dollars by trusted individuals and caregivers, according …