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: Illinois Nursing Home Abuse BlogFinancial abuse costs elders more than $2.6 billion annually
By Levin & Perconti
A recent MetLife Mature Market Institute study reported that elder financial abuse costs older Americans more than $2.6 billion per year. An especially disturbing result of the study found that the financial abuse is most often perpetrated by family members and caregivers of the elderly. The ?typical? victim of elder financial abuse is between the ages of 70 and 89, white, female, frail, and cognitively impaired.
To read more about the elder financial abuse.
Full post as published by Illinois Nursing Home Abuse Blog on March 19, 2009 (boomark / email).
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