Financial Abuse

This updated advisory encourages financial institutions to report suspected cases of elder financial exploitation (EFE). It also provides new analysis of current laws and reporting procedures.

This study examines elder financial exploitation Suspicious Activity Reports (EFE SARs) filed with the federal government by financial institutions such as banks and money services businesses between 2013 and 2017. The goal of this report is to analyze the complex problem of elder financial exploitation and identify ways to improve prevention and response.

NCEA has published their newest Elder Abuse Annual Research Compilation. This reference guide contains the latest primary and secondary literature related to elder abuse. Prominent areas of research highlighted in this compilation include financial, physical, psychological, sexual abuse and neglect, long-term care issues, and policy and intervention.