The most common form of abuse perpetrated on seniors is material abuse, such as theft or fraud.
Financial Abuse
For most seniors, financial abuse occurs when a friend or family member coerces the senior into lending or giving money to him or her. The senior feels obliged to help, feeling fearful that affection or helpful services will be withheld.
It can also occur through the abuse of a Power of Attorney. The attorney—the person named to take care of things for the senior—might help himself to the senior’s assets . . . through some ill-conceived perception that he or she is entitled to them.
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