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Elder Abuse pp 141-157 | Cite as

Financial Exploitation of Older Adults

  • Marguerite DeLiema
  • Kendon J. ConradEmail author
Chapter

Abstract

Surveys have repeatedly found that financial exploitation is the most common type of elder mistreatment [1, 58], and the loss of financial resources can be devastating for older adults. Despite this, there has been very little theory development in elder financial exploitation. Part of the problem is that it encompasses a wide range of crimes—theft, scams, abuse of powers of attorney, unauthorized joint tenancies, etc.—each involving perpetrators with varying relationships to their victims. In this chapter, we review several currents of thought on financial exploitation, describe and test a plausible theoretical model based on current understandings, and discuss practical actions that may prevent exploitation and help investigate it when it has been reported or is suspected. We close by suggesting directions for future research to test pressing theoretical propositions and intervention approaches.

Keywords

Elder financial exploitation Fraud Financial abuse Older adult financial exploitation measure Routine activity theory Undue influence 

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Copyright information

© Springer International Publishing AG 2017

Authors and Affiliations

  1. 1.Stanford Center on LongevityStanford UniversityStanfordUSA
  2. 2.Department of Health Policy and AdministrationUniversity of Illinois at ChicagoChicagoUSA

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