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Senior Source: Elder abuse can be financial

Seniors and their caregivers often think of Elder Abuse as physical or mental, but it can also be financial, shredding life savings from unsuspecting seniors.

ATLANTA, Georgia — Elder Abuse is a phrase seniors hear all the time.

It is usually associated with physical or mental abuse, but it can also be financial abuse--hitting seniors in the pocket book.

Investment advisers, accountants, stockbrokers, lawyers and real estate agents can use positions of trust for self-gain, but possibly stripping seniors of their limited funds. It can be a scam and con artists trying to grab money through telephone, mail or marketing schemes.

Under Federal law, financial elder abuse can end up with jail terms for offenders.

If you are a caregiver and suspect financial abuse of an elder, draining savings and bank accounts, don't sit still,  contact the Georgia Division of Aging Services by using their website and telephone hot line to report abuse at once.

Helpful links:
To report elder abuse: https://aging,georgia.gov/report-elder-abuse

Understanding Elder Abuse: www.cdc.gov/violenceprevention

Federal Law: https://www.justice.gov/elderjustice/prosecutors/statutes

                     https://www.justice.gov/elderjustice/financial-exploitation

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