I discussed in my earlier
blog a new form nursing home abuse. I’ve since learned of a new study
that examined the epidemic of financial abuse against seniors. Previous
studies suggested losses to seniors in the neighborhood of $3 billion
per year. According to the new study, the amount is likely 12 times higher—$36.48
billion each year! Even more surprising is that the seniors most likely
to be exploited are relatively young and well educated. Read the study’s
executive summary
here.