Home > Prevention & Precautionary Steps For Seniors > Citizens & Law Enforcement Unite to Stop Elder Financial Abuse

Citizens & Law Enforcement Unite to Stop Elder Financial Abuse

Along with being a big part of our country’s economy, the elderly are one of the fastest growing segments of society. Although we are living longer, we as a society do not always understand that this population is at risk. A broad range of exploitation and abuse is one of the many dangers that face this increasing population. Seniors are one of the highest targets of financial crimes. This phenomenon is played out with alarming frequency and is all too often successful.

It’s hard to measure how widespread the problem is for a number of reasons. The definition of ‘elderly’ tends to vary and there is no national study of crime statistics similar to FBI crime reports to document elder financial abuse. However, there is widespread agreement that fraud in general is dramatically underreported. Some seniors don’t understand that these crimes can be committed right in their places of residence, such as an assisted living home for example. The few existing studies of consumer fraud estimate that between 20 to 60 percent of adult Americans report being a victim or attempted victim of fraud.

Elder Abuse Awareness by *savorygreatness on deviantART

During the past year, The COPS Office has committed $2 million across the country to address this major fraud problem. The COPS Office is developing its support of the National Sheriffs Association to help the National Triad Program. The Triad program pairs law enforcement and senior citizens to fight crime and the fear of crime. COPS funds will be used to expand to develop the Triad model nationwide by building the number of communities that participate in Triad and by expanding the number of training opportunities and reach of national support programs. The COPS Office is also making assistance available to the Virginia Attorney General’s office to develop their state Triad program. COPS are also providing funds for the Iowa Elderly Fraud Prevention Program to increase the power to prosecute those who victimize senior citizens.

The COPS Office is also working hard to make sure that the best education on addressing this crime problem is available to the public. In 2004, COPS released a guide entitled Financial Crimes Against the Elderly and partnered with the National Sheriff’s Association on a series of conferences with the guide’s author and city officials to combat financial abuse of the elderly. Lastly, COPS has identified other resources such as Guides & Reports and Links for better protecting our nation’s seniors from financial exploitation.

800Seniors.com is a leading referral system in the Elderly Healthcare industry. We are located on 5400 Atlantis Court, Moorpark, California 93021. 800Seniors.com provides the perfect match between seniors searching for health care provisions such as Home Care, Home Health, Skilled Nursing, Hospice Care, Medical Supplies, as well as a variety of Assisted Living New York and Care Homes nationwide. Take the confusion and hassle out of the search. For more information call 1-800-768-8221, visit http://800seniors.com or fax us your details at (805)517-1623.

About The Author: Gloria Ha’o Schneider is an expert in senior citizen and baby boomer issues. Her topics revolve around Senior Living and Healthcare to provide the latest information to this demographic as well as their families and loved ones.

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