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Symposium

Interdisciplinary

Financial Exploitation of Older Adults: Interdisciplinary Perspectives on New Directions

Saturday, November 11, 2023
3:30 PM – 5:00 PM ET
Location: Room 121

Financial exploitation of older adults is a topic that has drawn increased public recognition in recent years. Despite advances in research, services, products, and policies working to prevent financial exploitation of older adults and support victims, interdisciplinary perspectives are needed to strengthen interventions. This symposium will bring together scholars and practitioners to address the issue of financial exploitation from a variety of disciplines, all united in their mission to detect and prevent financial exploitation of older adults and to support victims. The first two presentations in the symposium will highlight conceptual understandings of financial exploitation of older adults, including a revisionary model of financial exploitation of older adults that includes emerging cognitive, cultural, and other contextual factors (Presentation 1) and a study of financial vulnerability and mental health as they are associated with financial exploitation, particularly when perpetrated by trusted others (Presentation 2). The remaining presentations will describe research from cross-sector, cross-industry, interventions. Presentation 3 will describe study findings about a helpline for concerned persons of exploitation victims that dually offers services directed to primary victims of financial exploitation. Presentation 4 will highlight a study of case characteristics associated with a new adult protection law designed to protect older and vulnerable adults experiencing exploitation. Presentation 5 will describe a study of financial professionals' experiences with, and attitudes toward, financial exploitation of aging clients. Findings from all five presentations will point to next steps for research and intervention across multiple disciplines, including social work, law and policy, healthcare, and financial services.

Learning Objectives:

  • After attending this session, participants will be able to describe emerging conceptualizations and interventions that address financial exploitation of older adults.
  • After attending this session, participants will be able to explain ways in which researchers, practitioners, and policymakers can work collaboratively across disciplines to prevent financial exploitation of older adults.

Presentations:

  • 3:30 PM – 5:00 PM ET
    Financial Exploitation in Older Age: A Revisionary Model

    Individual Symposium Abstract First Author: Duke Han, PhD, ABPP-CN (he/him/his) – University of Southern California

  • 3:30 PM – 5:00 PM ET
    Trust and Betrayal Trauma in Older Adult Financial Exploitation

    Individual Symposium Abstract First Author: LaToya N. Hall (she/her/hers) – Wayne State University

  • 3:30 PM – 5:00 PM ET
    The Elder Abuse Helpline for Concerned Persons (CPs): How Services for CPs Identify and Mitigate FE and Abuse

    Individual Symposium Abstract First Author: Lisa Rachmuth, LMSW (she/her/hers) – Weill Cornell Medicine

  • 3:30 PM – 5:00 PM ET
    Temporary Account Holds to Protect Vulnerable Adults at Risk of Financial Exploitation

    Individual Symposium Abstract First Author: Marti DeLiema, PhD (she/her/hers) – University of Minnesota

  • 3:30 PM – 5:00 PM ET
    Financial Exploitation of Older Clients: Exploring Financial Professionals' Roles and Experiences

    Individual Symposium Abstract First Author: Lauren Cerino, BA (she/her/hers) – Massachusetts Institute of Technology