Elder financial abuse is difficult problem to address. Often the perpetrator is a family member and the abuse may not be evident to others. Additionally, elder financial abuse is under-reported. It is estimated that only 1 in 10 cases is ever reported. Kentucky Adult Protective Services investigates about 7,700 cases a year. About 1 out of 4 cases is substantiated.
If you know someone experiencing elder financial abuse in Kentucky, you have a duty to report it. KRS 209.030 requires any person who has a reasonable suspicion that an adult has been abused, neglected or exploited to report verbally or in writing.
Elder Financial Abuse Resources
Kentucky Adult Protective Services Report Line 1-877-597-2331 or 800-752-6200
Reports can be made anonymously
Kentucky Attorney General Elder Abuse Hotline 888-432-9257
Outside of Kentucky use the Eldercare Locator 800-677-1116
Financial Fraud Task Force or by phone 202-514-2000
Securities Helpline for Seniors 844-574-3577