Aging Population: Financial Exploitation Is A Form of Elder Abuse with Dr. Peter Lichtenberg

There is nothing more despicable than the exploitation of the aging population. Elder abuse occurs in many forms, including financial exploitation. That’s why I have Peter A. Lichtenberg, Ph.D., ABPP, join the show. He is the Director of The Institute of Gerontology and the Merrill Palmer Skillman Institute. In this episode, we discuss the financial exploitation of seniors and the elderly. Tune in as Dr. Peter reveals the risk factors for elder financial exploitation. Plus, we speak about how seniors can avoid financial exploitation and what happens after your loved one falls prey to a scam.   In This Episode: [03:00] Meet Dr. Peter A. Lichtenberg. Dr. Peter explains what financial exploitation is for seniors. [07:00] Risk factors for elder financial exploitation. [16:00] How Dr. Peter helps seniors avoid financial exploitation. [21:55] About the financial exploitation survey – find out if you are at enhanced vulnerability. [26:35] How to intervene when financial exploitation is taking place. [30:40] Why you need to have a difficult conversation with your loved ones.   Key Takeaways: Financial abuse and exploitation account for thirty-six billion dollars in losses to seniors. Financial exploitation is considered a form of elder mistreatment; the person abuses the trust of the[…..]