Financial elder abuse takes many forms. A senior may be deceived into entrusting their funds or property to someone they believe has their best interest at heart, or they may not have even noticed that their assets were taken from them because they were solely reliant on someone else to manage their finances.
In particularly heinous cases, the senior may be compelled into giving control of their resources not through a breach of trust, but by threats, intimidation or violence. What all of these cases have in common, however, is that the victim is over the age of 65 and was induced to transfer money, property, or other assets to someone else through fraud, undue influence, trickery, or other unlawful actions.