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Date: April 29, 2024 Mon

Time: 8:47 pm

Results for confidence game

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Author: U.S. Government Accountability Office

Title: Elder Justice: National Strategy Needed to Effectively Combat Elder Financial Exploitation

Summary: Elder financial exploitation is the illegal or improper use of an older adult’s funds or property. It has been described as an epidemic with society-wide repercussions. While combating elder financial exploitation is largely the responsibility of state and local social service, criminal justice, and consumer protection agencies, the federal government has a role to play in this area as well. GAO was asked to review issues related to elder financial exploitation. This report describes the challenges states face in (1) preventing and (2) responding to elder financial exploitation, as well as the actions some federal agencies have taken to help states address these challenges. To obtain this information, GAO interviewed state and local social service, criminal justice, and consumer protection officials in California, Illinois, New York, and Pennsylvania—states with large elderly populations; officials in seven federal agencies; and various elder abuse experts. GAO also analyzed federal strategic plans and other documents and reviewed relevant research, federal laws and regulations, and state laws. What GAO Recommends Federal agencies should develop a written national strategy addressing challenges GAO identified, facilitate case investigation and prosecution, and improve data, among other things. The Consumer Financial Protection Bureau and the Department of Health and Human Services supported GAO’s recommendations. FTC did not believe it is necessary to examine the feasibility of requiring victim’s age in complaints. GAO maintains the importance of its recommendation.

Details: Washington, DC: GAO, 2012. 80p.

Source: Internet Resource: GAO-13-110: Accessed November 20, 2012 at: http://www.gao.gov/assets/660/650074.pdf

Year: 2012

Country: United States

URL: http://www.gao.gov/assets/660/650074.pdf

Shelf Number: 126945

Keywords:
Confidence Game
Crimes Against the Elderly
Elder Abuse
Elderly Victims
Financial Crimes
Financial Fraud