September 22, 2013

Gerontology director developing assessment to help prevent financial abuse of seniors

An article highlights a documentary film, Last Will and Embezzlement, which aims to raise awareness about financial exploitation of elderly people. One out of every 20 older adults in the U.S. will be a victim of financial exploitation, and the rates are rising, said Peter Lichtenberg, director of the Institute of Gerontology at Wayne State University. To help, he is developing an assessment to determine whether a senior citizen is at risk of being the victim of financial abuse. He said he hopes to be able to pilot the 61-question assessment by the end of the year.

http://www.freep.com/article/20130923/FEATURES/309230014/Protecting-seniors-their-money-focus-daughter-s-documentary
http://www.usatoday.com/story/money/personalfinance/2013/09/23/financial-elder-abuse-documentary/2851249/

Subscribe to Today@Wayne

Direct to your inbox each week

Related articles