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Frustration For Families: Law Enforcement Isn’t Pursuing Financial Elder Abusers

Families are frustrated. When someone thinks a person is taking financial advantage of an aging parent, the public message is an urge to report to Adult Protective Services, or equivalent. APS, sometimes called by other names, is a local government entity tasked with investigating complaints about elder abuse and neglect.…
Mikol Davis
November 24, 2022
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Danger: Can You Stop Aging Parents’ Overspending, Running Low On Funds?

Briana called AgingParents.com in distress. She was feeling panicky and angry. Her 80-year-old mother, Rhonda, had just bought another new car she could not afford. Briana explained that her mother’s funds were limited, but she kept insisting on living the life she had before her husband passed. Her parents had…
Carolyn Rosenblatt
November 11, 2022
aging parentselder financial abuseFinances For Aging Parentsfinancial decisonsfinancial judgmentThe Office of Financial Protection for Older Americans

How Collecting Data Does Not Stop Financial Abuse Of Aging Parents

Financial abuse of elders is growing. This is not surprising! The Office of Financial Protection For Older Americans documents that banks and other institutions filings of "suspicious activity reports" quadrupled between 2013 and 2017. Elders among us are being victimized by predators of all stripes, starting with family members.  According…
Carolyn Rosenblatt
August 3, 2022