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Congressional Research Service Issues Insight White Paper on Elder Financial Exploitation
November 24, 2024
WASHINGTON, Nov. 24 (TNSrep) -- The Congressional Research Service issued the following Insight white paper (No. IN12462) on Nov. 22, 2024, by financial economics analyst Karl E. Schneider.

Here are excerpts:

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Elder Financial Exploitation

Elder financial exploitation (EFE), as defined by the Financial Crimes Enforcement Network (FinCEN), is "the illegal or improper use of an older adult's funds, property, or assets." EFE can . . .

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