Billions of dollars are bilked from the elderly on an annual basis. Most of the victims are women in their 80s. Elder abuse, which includes financial exploitation as well as physical abuse and neglect, is more common than most of us realize.
Elder abuse is known to be severely under-reported. Roughly half of the incidents are estimated to be perpetrated by strangers while the other half are by relatives very close to the victim. The crimes committed by people known to the elder are less likely to be reported because the elder typically wants to protect the family member, the elder may feel partly responsible, she may fear that admitting vulnerability will lead to her being placed in a nursing home, she may fear retaliation, she does not want government interference, or she simply may not remember the events.
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