Some have called elder abuse “the crime of the century.” This crime can be difficult to detect and investigate, but one of the few ways to stop an elder from being financially exploited is to report it. Unfortunately, data gathered by the National Adult Protective Services Association estimates that only one in 44 cases of senior financial abuse are ever reported.
Sadly, most abusers are family members, which puts both the victim and any witnesses in a difficult spot. I have heard numerous people tell me that their aging loved ones were being taken advantage of by a relative, but the desire to avoid confrontation and even reprisal discourages most people from getting the police involved. Things become even more complicated if the victim’s cognitive function is in question and if the abuser is a primary caregiver or considered dangerous.