Since January, there have been around 250 cases of elder abuse scams reported ... is a direct result of a 2016 law that ...

In December 2024 the Parliamentary Joint Committee on Corporations and Financial Services (the Committee) published a Report following an inquiry into how well the existing financial services ...

One in 10 older Americans experience abuse, and financial abuse is one of the most common forms. According to the National Council on Aging, up to 5 million Americans suffer from financial elder ...

A 2011 study of elder adults in New York compared self-reported financial abuse to documented cases of financial abuse. Financial abuse was self-reported at a rate of 42.1 out of 1,000 ...

Elder financial abuse is "the ultimate betrayal," says Colleen Toy White, a superior court judge in Ventura County, Calif., who sees roughly 40 cases of such abuse each month. "It's shocking to ...

It may come as a surprise to learn that many people who experience domestic abuse in a relationship are dealing with more than just physical and verbal abuse from their significant others.

Australia's tax system is being used as a manipulative tool in some domestic abuse cases. The ABC has found that financial ...

“There is research that indicates that financial abuse occurs in 99% of domestic violence cases,” she says. “There are also surveys of survivors that reflect concern over their ability to ...

CommBank is also using technology to identify potential financial abuse cases through digital banking transaction descriptions. “In 2020, we discovered instances where some customers were using ...

However, what often goes unnoticed is the pervasive presence of financial abuse in domestic violence cases. While the report highlights the prevalence of physical and sexual violence against women ...

In fact, experts fear that only 1 in 44 cases is reported. The True Link Report on Elder Financial Abuse 2015 estimates that more than $36 billion is fraudulently taken from the elderly every year.