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10.12.2023

What Dianne Feinstein’s Family Feud Can Teach About Elder Financial Abuse

By Justice For Our Parents

A recent San Francisco Chronicle article, places elder financial abuse center stage, with Senator Dianne Feinstein's high-profile lawsuit shedding light on a complex issue that affects countless seniors across the nation. Financial elder abuse is on the rise, and these staggering statistics reveal the extent of the problem.

👉 The FBI reported that over 88,000 people over age 60 lost some $3.1 billion to financial elder abuse in 2022.

👉 Tech support scams, where scammers pose as technical or customer service representatives, were the most common form of fraud.

👉 Elder financial exploitation more than doubled during the pandemic, likely due to increased isolation, dependence on others, and COVID-specific scams.

Reported cases are just the tip of the iceberg. Many instances of elder abuse go unreported, leaving seniors vulnerable to exploitation. Read the full article at https://www.sfchronicle.com/california/article/dianne-feinstein-elder-abuse-18297538.php.

At Justice for Parents, we are committed to protecting the rights and dignity of our elderly loved ones. If you suspect elder abuse or need legal assistance in such cases, contact us at www.j4op.com/contact or call 1-833-JUST-LAW.


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