Elder Abuse

News & Analysis as of

Combating Financial Abuse of Elderly in Mesa

Over the course of the last century, the number of U.S. residents over the age of 65 has increased 11-fold, and according to the U.S. Census Bureau, the median age of our population is expected to continue to rise....more

Grey Marriage + Grey Divorce = Financial Elder Abuse?

The phenomenon of “grey divorce”- the term referring to the demographic trend of an increasing divorce rate for older (“grey haired”) couples – has been in the news since 2013, when Bowling Green State University in Ohio...more

Nursing Home Reporting of Reasonable Suspicion of a Crime in a Long Term Care Facility

Nursing facilities, skilled nursing facilities, hospices that provide services in long term care facilities and independent living facilities that provide services for the developmentally disabled ("facilities") are required...more

Should Punitive Damage Claims Be More Limited in Florida Nursing Home Abuse Cases?

Imagine discovering that your elderly loved one suffered abuse or neglect at a nursing home you trusted to provide the care you could not give in your own home. Now imagine that the nursing home was aware of the situation and...more

Elder Protections in the Affordable Care Act

Twenty-one employees of a Georgia nursing home specializing in caring for patients with Alzheimer’s disease were recently arrested on abuse charges that included using bed sheets as restraints and failing to maintain proper...more

Recognizing One of the Earliest Signs of Nursing Home Negligence

Turning over the care of your elderly loved one to a nursing home is a difficult decision. However, nursing homes have the staff and training to provide the 24-hour care most people cannot provide in their homes....more

Hospitals Can Be Held Liable for Elder Abuse

This past July, the Arizona Court of Appeals in Phoenix ruled that a senior citizen who was abused by hospital staff could sue the hospital for violating Arizona's Adult Protective Services Act. The court analyzed two cases —...more

When Nursing Homes Cause Harm

Statistics compiled by the National Center on Elder Abuse show that nearly nine out of ten nursing homes fail to provide adequate patient care and that more than a third of nursing homes have violated elder abuse laws. The...more

Nursing Home Negligence Is on the Rise

When you placed your loved one in a nursing home, you probably did so because you felt it was the safest place. If you are like most people, you probably did some research, visited numerous nursing homes and made the best...more

Latest Thefts Illustrate New Wrinkle In Florida Elder Abuse

The suspicions of a Vicksburg-area nursing home administrator were recently piqued when she noticed a debit for an expensive pair of jeans on one of the resident’s trust accounts. Beyond the fact that it did not seem like a...more

Revolving Doors: Anthony Marshall Out Again

I talked earlier about fiduciary duty and the conviction of Anthony D. Marshall, the son of Brooke Astor, on charges that he breached that duty while handling her financial affairs at the end of her life. In a six-month...more

Stop the Abuse—Elder Fraud Prevention and Privacy Laws

Several financial regulators, including the SEC, the CFTC, the FTC and the CFPB recently issued joint guidance clarifying that advisers and brokers, among others, may alert the authorities about suspected elder abuse without...more

Elder Financial Abuse: Prevention and Remedies

I have written about elder financial abuse, and I will keep writing about it until stops. It is unfathomable to me that schemes to defraud the elderly are so pervasive. These seniors are attractive targets for financial...more

Federal Agencies Issue Guidance On Reporting Elder Financial Abuse Under Gramm-Leach-Bliley

On September 23, eight federal agencies, including the Federal Reserve Board, the CFPB, the OCC, and the FDIC, issued interagency guidance to clarify the applicability of Gramm-Leach Bliley Act privacy provisions to reporting...more

Elder And Dependent Adult Abuse – Florida’s Growing Problem

While it is well known that millions of senior citizens choose to retire to the Sunshine State, what is not as well known is that more and more of them are subjected to elder abuse. The National Center on Elder Abuse reports...more

The Financial Report - Volume 2, No. 17 • September 2013

Discussion and Analysis - Even some financial services industry professionals are confused. The 80-year-old prohibition on general solicitation ended on Monday of last week. This means it is now legal for companies to...more

CFPB joins other federal regulators in announcing GLBA privacy exemption

On September 24, 2013, the CFPB joined the CFTC, the SEC, the FTC, the NCUA, and the prudential bank regulatory agencies (the Federal Reserve, the OCC, and the FDIC) in the issuance of an Interagency Guidance on Privacy Laws...more

Banks Encouraged to Share Information Related to Elder Abuse

One of the most common forms of elder abuse is financial exploitation. Older adults often have valuable assets and vulnerabilities, such as mental or physical disabilities, that make them prime targets by both strangers and...more

Today’s Take: Don’t Mess With Elders

It is an unfortunate reality that as people get older, they become more and more susceptible to influence, abuse, and neglect. In fact, California has recognized that its elders are a disadvantaged class, that the cases of...more

FinCEN: Accountant and Elder Abuse

We have been keeping track of FinCEN's SAR Activity Review – Trends, Tips & Issues virtually from its inception. In its just issued May 2013 report, FinCEN provides new information regarding two areas of importance: 1)...more

How To Spot Nursing Home Abuse

The decision to place a loved one in the care of a nursing home is a serious one. It is often the best possible solution for an elderly person and his or her family. Unfortunately, the decision is a difficult one with elder...more

Georgia Nursing Homes And A Personal Injury Lawsuit

About 1.5 million elderly and disabled people live in roughly 17,000 nursing homes in the United States. In September 2012, the National Center on Elder Abuse, Bureau of Justice Statistics reported that...more

Illinois Crime Victims Bill Of Rights

New laws require police officials in many capacities to receive additional education. First, The Illinois Police Training Act has been amended this year to include specific education for police trainees to recognize the signs...more

Nursing Home Abuse And How To Recognize It

Close to one million people in America live in nursing homes or other assisted living facilities. Most of them are not abused or neglected ¾ but even one victim of nursing home abuse is one too many....more

Vulnerable Adults: Dangerous Bed Rails

Earlier we discussed forms of elder abuse. Another form of elder abuse is the dangerous conditions maintained by some caregivers who neglect their responsibilities for keeping seniors and disabled individuals safe. In recent...more

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