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Shield senior citizens from financial exploits


IN a recent nationwide survey on elder abuse and neglect (EAN) in Malaysia, approximately one in every 100 of our seniors experienced financial abuse. This is far behind the other types, which are psychological abuse and neglect. However, another local study indicated a higher occurrence of financial abuse; close to 5%, or one in every 20.

Traditionally, financial abuse reported in published studies refers to theft, deception and manipulation by those in a relationship of trust. In other words, perpetrators are often family members including children, in-laws and relatives. These figures may seem low but we must bear in mind two things.

First, elder abuse cases in general – and financial abuse in specific – are overwhelmingly under-reported. Experts have highlighted that only one case reaches the authority for every five to 20 elder abuse cases.

So, low figures of financial abuse among seniors are not a cause to celebrate; rather…

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