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financial abuse

What Is Elder Fraud And How Do We Prevent It?

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Elder fraud is a large and growing problem, costing many seniors the savings they worked hard for in their younger years. Reports indicate older Americans lose anywhere between $2.9 to $36.5 billion each year. According to the U.S. Consumer Financial Protection Bureau, individual victims of elder financial fraud lose an average of $34,200. In 7% […]

How Can I Get Out of a Financially Abusive Relationship?

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My client knew that it was time to end her marriage, and she was terrified. She had no idea how much money they had, and more importantly – no access to it. She had a debit card, but it was always low on funds. More than once, she had to call her spouse from the […]

Financial Abuse – How Do You Identify It And Who Can Help? [Resources and Hotlines]

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Note: This post may contain triggers for those who have been in abusive relationships or been through sexual assault. What is Financial Abuse? Financial abuse is when the person ‘in power’ – the abuser – controls their victim’s access to money, including: Controlling their spending Stealing their money, credit, property, or identity Denying them access […]