Photo of senior woman organising her bills

What you need to know about elder financial abuse

World Elder Abuse Awareness Day on 15 June will shine a light on the ways seniors can be mistreated, including financial exploitation by those close to them.

Published: 10 June 2023
  • national
  • 10 June 2023
  • National Seniors

Financial abuse is generally described as controlling someone’s ability to acquire or use their own financial resources or manipulating their finances for your own benefit.

This can include stealing money, coercing, or guilting them into signing something, restricting their ability to withdraw money from ATMs, siphoning their money from bank accounts and so on.