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What is taking advantage of elders? Understanding financial exploitation

According to the National Adult Protective Services Association, only 1 in 44 cases of elder financial abuse is ever reported. Taking advantage of elders is typically defined as the illegal or improper use of an older adult's funds, property, or assets, often through deception or coercion. This devastating crime can be perpetrated by family members, caregivers, or strangers and can result in significant financial, physical, and emotional harm.