The scope of elder financial exploitation : (Record no. 8868)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02300nam a22002657a 4500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250625151710.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240814s2023 ||||| |||| 00| 0 eng d |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | AFVC |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Gunther, Jileene |
| 9 (RLIN) | 13271 |
| 245 ## - TITLE STATEMENT | |
| Title | The scope of elder financial exploitation : |
| Remainder of title | what it costs victims |
| Statement of responsibility, etc | Jileene Gunther |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Name of publisher, distributor, etc | AARP, |
| Date of publication, distribution, etc | 2023 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | electronic document (11 pages) ; PDF file |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Elder financial exploitation (EFE) is “the illegal or improper use of an older adult’s funds, property, or assets.” Perpetrators range from family members and other people a victim knows (“known others”) to professional criminals. Through this kind of exploitation, many victims are stripped of a significant part of their retirement savings; declines in mental and physical health are also a consequence. Getting restitution is nearly impossible, and re-earning that money takes time, which many older victims do not have.<br/><br/>Getting at the true financial scope of this immense problem has been elusive in part because many victims never report EFE due to shame and embarrassment. In fact, the tendency to not report an incident may be greatest when the perpetrator is related to the victim.<br/><br/>This report, using a first-of-its-kind methodology to measure the annual financial cost of EFE in the United States, finds that victims over age 60 lose $28.3 billion each year. It concludes that the lion’s share of total losses–about 72% ($20.3 billion)—arises from fraud by people the victim knows, compared with losses from stranger-perpetrated incidents (28%, $8 billion). (From the website). Record #8868 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | ECONOMIC COSTS |
| 9 (RLIN) | 5369 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | ELDER ABUSE |
| 9 (RLIN) | 220 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | FINANCIAL ABUSE |
| 9 (RLIN) | 2968 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | OLDER PEOPLE |
| 9 (RLIN) | 414 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | PERPETRATORS |
| 9 (RLIN) | 2644 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | VICTIMS OF CRIMES |
| 9 (RLIN) | 623 |
| 651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
| Geographic name | INTERNATIONAL |
| 9 (RLIN) | 3624 |
| 651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
| Geographic name | UNITED STATES |
| 9 (RLIN) | 2646 |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://www.aarp.org/content/dam/aarp/money/scams-and-fraud/2023/true-cost-elder-financial-exploitation.doi.10.26419-2Fppi.00194.001.pdf">https://www.aarp.org/content/dam/aarp/money/scams-and-fraud/2023/true-cost-elder-financial-exploitation.doi.10.26419-2Fppi.00194.001.pdf</a> |
| Public note | Download report, PDF |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://www.aarp.org/pri/topics/work-finances-retirement/fraud-consumer-protection/scope-elder-financial-exploitation/">https://www.aarp.org/pri/topics/work-finances-retirement/fraud-consumer-protection/scope-elder-financial-exploitation/</a> |
| Public note | Access AARP website |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | News article |
| Classification part | news129 |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Vine library | Vine library | 14/08/2024 | Online | ON24080022 | 14/08/2024 | 14/08/2024 | Access online |