[United States] : [publisher not identified], 2017.
Book — 1 online resource (16 pages) Digital: text file.PDF.
Financial exploitation of older adults (FE) is a highly significant social problem that, to date, has not received much attention from the field of psychology. Data sources tracking FE report that FE has been increasing with losses of approximately $2.9 billion dollars per year. Psychological risk factors are well established and psychological outcomes have recently been demonstrated. FE can occur at any stage of the lifespan and the literature regarding prevalence amongst older adults has been mixed in terms of supporting a theory that older adults are more "susceptible" to fraud. However, there has been literature with documentation that older adults are targeted disproportionately, and are less likely to report FE.