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Ended Jun 20, 2014
An 84 year old woman gives a power of attorney to a friendly neighbor, who promptly takes out a reverse mortgage, spends the money, and leaves the woman penniless. Join us in our work to prevent elder financial exploitation.

As the numbers of older adults increase, the problem of elder financial abuse grows. In fact, you probably have your own stories about someone you know or suspect is a victim of elder financial exploitation.

Elder Financial Protection Network works to prevent elder financial abuse through innovative partnerships that raise public awareness, drive community education and professional training. 

What does elder financial abuse look like? Here are just a few examples...

  • A caregiver defrauds an 80 year old man of $500,000 and as a result, he is unable to pay for needed long-term care following a diagnosis of dementia. 
  • Two family members “gain control” over their 96 year old grandmother, and over a one year period withdraw $130,000 which depletes her entire life’s savings.

What are the results of financial abuse and exploitation? Why should we care?

Victims of abuse are four times more likely to be placed in a nursing home, and are at an increased risk for hospitalization.

How big is the problem? Do we really know?

In California, at least 10,000 reports of elder abuse are submitted every month, but experts tells us this number is too low.


Because elders are embarrassed and ashamed for being duped or scammed out of their life-savings or income and as a result, do not talk about their experience. Seniors are afraid of retaliation or frankly, are just not able to remember the facts of a situation that involves financial abuse. 

Sadly, the most likely abuser is a trusted family member or caregiver.

Unfortunately, our supportive services system addressing this problem is sorely lacking and disjointed. Across the country, dedicated agencies and organizations struggle to educate the community about resources and help available for them.

Your contribution will fund community workshops, public awareness campaigns and help us maintain our web-based resources at Join us as we build and strengthen relationships with financial institutions to enhance collaboration among diverse stakeholders at the community level. 

Opportunities for education and networking

We reach out to the community, provide professional training, advocate on behalf of elders, and promote practical solutions to improve protection and prevention efforts to policymakers.

High quality education and expert guidance

Work with Elder Financial Protection Network by making a tax deductible contribution today and be part of the campaign to prevent elder financial abuse.

Thank you!

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