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 language | English |
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Title of host publication | Aging and Money |
Subtitle of host publication | Reducing Risk of Financial Exploitation and Protecting Financial Resources: Second Edition |
Publisher | Springer International Publishing |
Pages | 15-27 |
Number of pages | 13 |
ISBN (Electronic) | 9783030675653 |
ISBN (Print) | 9783030675646 |
DOIs | |
State | Published - 24 Feb 2021 |
Keywords
- Elder abuse
- Elder financial abuse
- Financial exploitation
- Fraud elderly
- Undue influence