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Who Are the Abusers?

Elder Financial Protection Network has spent years researching financial abuse and its victims. Today, we know who the abusers are, how they operate, and how you can protect yourself and those you love. So, just who are the abusers in elderly financial abuse cases?

The Abusers

Often those who perpetrate elder financial abuse are family members, including husbands, wives, sons, daughters, or grandchildren. These abusers may:

  • Have Gambling or Financial Problems
  • Have Drug/Alcohol or Personal Problems
  • Stand to Inherit Money from the Elder
  • Have a Violent Family History
  • Have a Poor Relationship with Other Family Members Who Might Inherit from the Elder
  • Be Intimidating
  • Have a Poor Relationship with the Elder

What About Caregivers?

Often the abusers are caregivers. They may be:

  • Family Members Who Are Inexperienced in Providing Care
  • Professionals Caregivers Who Misuse Their Position of Trust
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