Incidents of financial abuse against elders with money happen daily across Australia and it’s more likely to occur under this scenario.
About 21 per cent of older people with a disability or long-term health condition experience elder abuse each year.
Dementia Australia executive director of Services, Advocacy, and Research, Dr Kaele Stokes, said dementia and cognitive impairment could increase a person’s risk of experiencing elder abuse.
Dr Stokes said the disease impacted an individual’s cognition and decision-making skills and could make them more vulnerable to being taken advantage of.