New Video on Elder Financial Abuse from the Departments of Banking and Securities and Aging of the State of Pennsylvania

Financial abuse of the elderly has been called the “crime of the 21st century.” The average victim of abuse is a female, age 75 or older, with limited resources. Generally, the victim is widowed, frail and vulnerable because of mental or physical impairments. When a loved one is a victim of abuse, there are certain steps that can be taken to stop further abuse. For example, your lawyer can obtain an injunction, a restraining order, an order removing or evicting the abuser from the victim’s home, by filing a complaint against a facility or employee, or removing the victim from the facility. In cases where the victim is incapacitated, it may be necessary to petition the court for the appointment of a guardian, or to file a protective proceeding. In addition, the victim should consider filing criminal charges against the perpetrator of the exploitation.

The Pennsylvania Departments of Banking and Securities Aging have produced a new seven-minute video on elder financial abuse, focusing mostly on “scam artists.” The video follows:

For additional information concerning elder abuse actions, visit: