One piece of the puzzle - financial exploitation and elder abuse

Sherif Soliman, Jason Beaman

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

Elder financial exploitation is both a piece of the broader puzzle of elder abuse and a puzzle onto itself. Elder financial exploitation is defined as "the illegal or improper use of an elder's funds, property, or assets," which occurs both alone (pure financial exploitation) and in conjunction with other forms of elder abuse (hybrid financial exploitation). It consists of crimes of occasion, desperation, and predation. This chapter describes how elder financial exploitation fits into the broader matrix of elder abuse. It describes perpetrators, victims, and the psychodynamics of the perpetrator-victim relationship. It offers recommendations for integrating efforts to combat financial exploitation into elder abuse prevention efforts.

Original languageEnglish
Title of host publicationAging and Money
Subtitle of host publicationReducing Risk of Financial Exploitation and Protecting Financial Resources: Second Edition
PublisherSpringer International Publishing
Pages15-27
Number of pages13
ISBN (Electronic)9783030675653
ISBN (Print)9783030675646
DOIs
StatePublished - 24 Feb 2021

Keywords

  • Elder abuse
  • Elder financial abuse
  • Financial exploitation
  • Fraud elderly
  • Undue influence

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