COMBINED St. Paul & Minneapolis BREAKFAST Meeting: Elder Abuse
Responding to Elder Financial Exploitation
Understanding and Protecting Our Aging Clients from Financial Abuse
Iris Freeman, MSW
Update: Approved for 1.0 hours of Minnesota Insurance CE
This one-hour this session focuses on the widely-acknowledged and complex phenomenon of elder financial exploitation. Iris Freeman, Director of the Vulnerable Adult Justice Project at William Mitchell College of Law, will provide an overview of the issue and community resources to help victims. Her topics include the scope of the problem; recent research findings about the predictors and effects of victimization; characteristic ways that perpetrators and victims explain their situations; warning signs of exploitation; as well as how financial professionals can work with adult protective services and law enforcement in these cases.
Participants in this session will be able to:
- Describe the estimated extent of elder financial exploitation in the nation and in Minnesota.
- Describe limitations in those data and why it is likely that the number of cases and dollar losses are considerably higher.
- Discuss several recent findings on the effect of aging on financial decision-making, in persons with dementia and those who do not.
- Identify risk factors for victimization and characteristics of those who exploit elders.
- Identify many warning signs of elder financial exploitation
- Identify where to report suspected financial exploitation and what public agencies can do.
Registration, Networking, and Breakfast: 7:30 am
Presentation Begins: 8:00 am
Program Ends: 9:00 am
