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Financial abuse of elders is cause for concern in community despite banks' vigilance

While banks have not reported an increase in the incidence of financial abuse as a result of family and elder abuse, welfare case workers says there is strong anecdotal evidence that such incidents are on the rise but are not being reported because of fear of embarrassment and to protect family members who might be the abusers. PRONIA, a Melbourne welfare organisation that works within the Greek community, has dealt for a number of years with the issue of financial abuse within the community. The organisation’s Aged and Co-ordinated Care Services Manager Nikki Efremidis told Neos Kosmos that it was difficult to resolve such issues as the victims preferred to suffer the abuse rather than to admit that there was a problem or to even recognise that there was a problem.

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Banks adopt new guidelines to counter family and elder abuse issues

Banks adopt new guidelines to counter family and elder abuse issues
neoskosmos.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from neoskosmos.com Daily Mail and Mail on Sunday newspapers.

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