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NORC Library

May NORC Notes: Financial Exploitation in LTC Facilities

May 1st, 2019

Financial exploitation happens when someone illegally or improperly uses someone else's money or belongings for their personal use. Financial exploitation is the fastest growing form of elder abuse. It is a crime and is often not reported. In 2017, the Ombudsman program investigated 3,847 complaints involving financial exploitation.

Long-Term Care Ombudsman programs (LTCOPs) are often the first to notice the warning signs of possible financial exploitation or the first a resident confides in regarding being a victim of financial abuse. Included in this issue are tips, tools, and action steps to help Ombudsman programs protect long-term care consumers from financial exploitation. 

Read the full NORC Notes here.