Elder financial exploitation
Minnesota Elder Justice Center Enhancement of Services: Legal Representation for Older Victims of Abuse and Financial Exploitation
World Elder Abuse Awareness Day is June 15
Join OVC in commemorating World Elder Abuse Awareness Day on Monday, June 15, 2020. This annual commemoration is a call-to-action for individuals, organizations, and communities to raise awareness about elder abuse, neglect, and financial exploitation.
To commemorate World Elder Abuse Awareness Day, OVC reaffirms its commitment to supporting victims of elder abuse.
Consider participating in virtual events for your own commemoration.
Today is the fifteenth anniversary of World Elder Abuse Awareness Day. In the shadow of a pandemic that has disproportionately affected senior populations, we come together to raise awareness about elder abuse, neglect, and exploitation.
For too long elder abuse—a term that encompasses physical abuse, financial fraud, scams and exploitation, caregiver neglect and abandonment, psychological abuse, and sexual abuse—was a hidden epidemic. But as the global population of older persons grows, elder abuse is finally being treated as a public health crisis requiring collective action.
For too long and far too frequently, fraudsters have preyed upon our senior citizens, robbing them of their hard-earned savings.
If you or someone you know is a victim of elder fraud, we encourage you to call the National Elder Fraud Hotline at 833–FRAUD–11 (833–372–8311). Professional case managers will assist you with reporting the crime and connect you with other resources as needed. The hotline is open daily from 6:00 a.m. to 11:00 p.m. eastern time. Services are available for speakers of English, Spanish, and other languages.
Financial Institutions Report Widespread Elder Financial Abuse
Federal law requires financial institutions report suspicious activity that might indicate money laundering, tax evasion, or other criminal activities to the federal government.
Now, a first of its kind analysis can help the field better understand elder fraud and opportunities to improve prevention and response.
Enhancing the Stark County, Ohio, Adult Protective Services Interdisciplinary Team to better serve elder abuse victims through coordinated support, and improved case investigation and prosecution.
In August of 2016, a new VOCA Rule clarified and expanded states’ allowable uses of VOCA victim assistance funding. The rule clarifies and expands how states may expend the funding, and states are looking to support all victims, including victims of elder abuse. This OVC page highlights examples of VOCA-funded elder abuse programs and the VOCA offices that funded them.