What is a common form of exploitation against elderly individuals?

Financial scams represent a prevalent and insidious form of exploitation against elderly individuals. This type of exploitation can take various forms, including fraudulent schemes, identity theft, and manipulation into signing over assets or money. Elderly individuals are often targeted because they may have accumulated savings over their lifetime, may be less familiar with technology, or may be more trusting, making them vulnerable to deceitful tactics.

The impact of financial scams can be devastating, as they not only result in loss of funds but also can lead to long-term financial instability, cause emotional distress, and disrupt the elderly person's quality of life. Understanding this common form of exploitation is crucial for preventing it and protecting vulnerable populations. Recognizing signs of financial exploitation can empower caregivers, family members, and law enforcement to take appropriate action and support the victim effectively.