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.
Spangenberg, Shibley & Liber is continuing to operate with the health
and safety of our employees and clients as a top priority, but we are
available for phone conferences and via email.
Please do not hesitate to reach out to us.