Many threats exist to a senior’s well-being that a Bryn Mawr senior home care provider must be aware of when providing any form of senior care. Unfortunately, along with all the physical concerns of elderly people, some of those threats come from other people in the form of financial abuse.
Financial abuse, also called financial exploitation or fraud, is a significant problem in America today. Estimates are that 1 in 5 seniors have reported a form of financial abuse. In this two-part series, we want to look at the causes and effects of senior financial abuse, as well as how to help prevent its occurrence.