The Elder Financial Empowerment Project provides information, advocacy, referral and victim services assistance to senior victims of financial exploitation.
Financial exploitation, which is also known as material abuse, is the misuse of senior’s money or property by others. It includes deceiving a senior, diverting income, mismanaging funds and taking money, property and possessions against a senior’s will. Adult children, grandchildren, other relatives, caregivers, acquaintances or friends sometime commit these acts.
Financial exploitation also includes identity theft and medical fraud