Seniors At Risk Of Financial Abuse - Often By Family


Millennials are redefining adulthood by living at home and getting supported by their parents longer than ever — and in the future it may turn into outright exploitation.

It used to be that family watched out for shysters out to bilk their parents but now the nearly 5 percent elderly American adults being financially exploited are often exploited by family members - poor and black people the most. 

Dr. Janey Peterson of Weill Cornell Medical College led one of the largest American studies ever done on elder abuse and the results appeared in the Journal of General Internal Medicine.