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Financial Abuse of the Elderly

Financial abuse is where someone in a position of trust interferes in an older person’s ability to acquire, use or maintain their finances. It is always a crime but not always prosecuted.

 

An abuser might exploit an older person by making demands for large transfers of money.

 

An abuser might control an older person's access to financial resources by refusing to let them access a bank account.

 

An abuser might sabotage an older person's ability to maintain financial security by building up debt in their name.

 

Do you know the signs of financial abuse?

 

If not visit the Hourglass website to find out more.

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