Senior financial abuse in Hollywood and across South Florida is a serious concern. Financial abuse can include seniors being forced to sign over their assets or can involve simple theft. Any time that the elderly are targeted for the financial gain of their caregiver or someone else, they are the victims of financial abuse.
In many instances, financial abuse occurs because caregivers or others around the senior see an elderly person as a vulnerable adult they can target in order to earn a profit. In many cases, financial abuse leaves significant long-term effects. A senior who has been affected by this type of crime may feel helpless, ashamed, and frightened. They may be left with few financial resources to pay for everyday expenses and for long-term care. Unfortunately, catching signs of financial abuse are difficult and prosecuting someone after the money has been spent can be challenging.