Elder Abuse is the illegal use of funds, property or assets. Nonetheless, some form of elder abuse has always occurred. Elder abuse became an issue on the wings of child abuse and spousal abuse. Elder abuse in the terms of finances is evasive and a growing concern. Elder financial abuse affects and crosses all ethnic lines and groups. Professionals, caregivers and anyone who works with the elderly must understand how cultural differences affect the community and its definition of abuse and what services the victims will accept. In addition, what incorporates elder abuse and what is elder abuse is defined by state law, state definitions and differs considerably. For this fact alone, the discrepancy of such by definition impedes the perception, management and research. The perimeter of financial abuse usually occurs in a domestic setting. The victim is very familiar with the abuser. The majority of the abused victims are taken advantage of by their caregivers, family members, and friends. Another growing group of those who financially exploit the elderly includes strangers and financial institutions. Elder financial abuse involves complex family dynamics and long standing conflicts, which make the detection and …show more content…
Although, Alzheimer’s disease and other cognitive issues have not been discussed, they do influence the risk of financial exploitation. By no means, should this statement suggest, justify or imply it is just cause for those to exploit. Findings do not show or prove who is really at a higher risk than others, per se in regards to who is exploited more within the elderly community; however, it does bring to light a very alarming and staggering monetary amount that cannot be