Arizona Adult Protective Services (APS) investigates reports of abuse, neglect and exploitation of vulnerable adults. Elderly and Vulnerable Adult Financial Exploitation In , the Tennessee General Assembly enacted Public Chapter , the "Elderly and Vulnerable Adult Financial Exploitation Prevention Act".
“Adult exploitation” means the illegal, unauthorized, improper, or fraudulent use of an adult as defined in § or his funds, property, benefits, resources, or other assets for another's profit, benefit, or advantage, including a caregiver or person serving in a fiduciary capacity, or that deprives the adult of his rightful use of. Exploitation occurs when a vulnerable adult or his/her resources or income are illegally or improperly used for another person's profit or gain. Examples include illegally withdrawing money out of another person’s account, forging checks, or .
Elder Abuse and Elder Financial Exploitation Statutes The federal government, states, commonwealths, territories and the District of Columbia all have laws designed to protect older adults from elder abuse and guide the practice of adult protective services agencies, law enforcement agencies, and others. An adult at risk of harm is a person aged 18 or over, whose exposure to harm through abuse, exploitation or neglect may be increased by their personal characteristics or life circumstances. Their.
Financial exploitation occurs when a person misuses or takes the assets of a vulnerable adult for his/her own personal benefit. This frequently occurs without the explicit knowledge or consent of a senior or disabled adult, depriving him/her of vital financial resources for his/her personal needs.