Elder Abuse Statistics - Statistics on Elderly Abuse Over Time.
Paper abstract bibtex Elder abuse affects up to 5 million elders in the United States every year. Financial Abuse Statistics Financial abuse occurs when someone steals or swindles money from a senior. Financial abusers tend to be trusted caregivers, friends, or relatives looking to extort the hard-earned life savings of the elderly. Here are some important financial elder abuse statistics: Seniors lose at least $2.6 Billion a year due to financial abuse — and possibly more due to unreported cases. Only 1 in 44 cases of financial abuse is reported, according to the National Adult Protective Services Association (NAPSA). NAPSA also notes that elderly victims of financial abuse are three times more likely to die and four times more likely to enter a nursing home. Financial abuse can take many forms, including identity theft, use of debit or credit cards, lottery scams, telemarketing or internet scams, or abuse of power of attorney. If a senior lives with a child that is unemployed or suffers from substance abuse, they run a greater risk of financial abuse. One of the best ways to prevent financial abuse is by having a responsible family member or attorney manage or co-manage a senior’s accounts. All family members should be kept in the loop about this decision, as this can help keep the process transparent. Find out more elder abuse statistics and how you can protect your loved ones.
@misc{noauthor_elder_nodate,
title = {Elder {Abuse} {Statistics} - {Statistics} on {Elderly} {Abuse} {Over} {Time}},
url = {https://www.nursinghomeabusecenter.com/elder-abuse/statistics/},
abstract = {Elder abuse affects up to 5 million elders in the United States every year.
Financial Abuse Statistics
Financial abuse occurs when someone steals or swindles money from a senior. Financial abusers tend to be trusted caregivers, friends, or relatives looking to extort the hard-earned life savings of the elderly.
Here are some important financial elder abuse statistics:
Seniors lose at least \$2.6 Billion a year due to financial abuse — and possibly more due to unreported cases.
Only 1 in 44 cases of financial abuse is reported, according to the National Adult Protective Services Association (NAPSA).
NAPSA also notes that elderly victims of financial abuse are three times more likely to die and four times more likely to enter a nursing home.
Financial abuse can take many forms, including identity theft, use of debit or credit cards, lottery scams, telemarketing or internet scams, or abuse of power of attorney.
If a senior lives with a child that is unemployed or suffers from substance abuse, they run a greater risk of financial abuse.
One of the best ways to prevent financial abuse is by having a responsible family member or attorney manage or co-manage a senior’s accounts. All family members should be kept in the loop about this decision, as this can help keep the process transparent.
Find out more elder abuse statistics and how you can protect your loved ones.},
language = {en-US},
urldate = {2024-06-18},
journal = {Nursing Home Abuse Center},
}
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