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Financial Abuse of the Elderly: Risk Factors

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Aging and Money

Part of the book series: Aging Medicine ((AGME))

Abstract

Financial abuse of the elderly is increasing. Existing literature classifies financial abuse as one of the major forms of exploitation of older adults. This chapter reviews the risks for abuse in the victim, perpetrator, and the environment. The typical victim is identified as white, elderly, frail, and cognitively impaired. Additional risks reviewed for victims include: mental illness, substance abuse, social support, and fear. Perpetrator risks include financial or housing dependence, social stress, substance abuse, and mental illness. Environmental risks include attentiveness and living situations. The chapter reviews each factor in depth and suggests a team-based approach to proactively identify those most vulnerable to exploitation.

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Authors and Affiliations

  1. Department of Senior Services, Summa Health System, 75 Arch Street, Suite G1, Akron, OH, 44304, USA

    Arifa Abid M.D. & Aileen Jencius M.L.I.S.

  2. Department of Senior Services, Summa Health System, 75 Arch Street, Suite G1, Akron, OH, 44321, USA

    Natalie Kayani M.D.

Authors
  1. Arifa Abid M.D.
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  2. Natalie Kayani M.D.
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  3. Aileen Jencius M.L.I.S.
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Corresponding author

Correspondence to Aileen Jencius M.L.I.S. .

Editor information

Editors and Affiliations

  1. Geriatric Medicine Fellowship Program, Center for Geriatric Medicine, Medicine Institute, Cleveland Clinic, Cleveland Clinic Lerner College of Medicine at Case Western Reserve University, Cleveland, Ohio, USA

    Ronan M. Factora

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Abid, A., Kayani, N., Jencius, A. (2014). Financial Abuse of the Elderly: Risk Factors. In: Factora, R. (eds) Aging and Money. Aging Medicine. Humana Press, New York, NY. https://doi.org/10.1007/978-1-4939-1320-6_4

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  • DOI: https://doi.org/10.1007/978-1-4939-1320-6_4

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  • Publisher Name: Humana Press, New York, NY

  • Print ISBN: 978-1-4939-1319-0

  • Online ISBN: 978-1-4939-1320-6

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