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Congressional Research Service Issues Insight White Paper on Elder Financial Exploitation
February 14, 2025
WASHINGTON, Feb. 14 (TNSrep) -- The Congressional Research Service issued the following Insight white paper (No. IN12462) on Feb. 12, 2025, by financial economics analyst Karl E. Schneider:

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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 deprive seniors of much-needed . . .

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