Financial exploitation of senior citizens includes many issues. It may occur when a durable power of attorney document or joint bank account ownership is misused. Financial exploitation also may occur when guardians or conservators misuse their authority over wards and their estates. Further, financial exploitation may occur when fraud or undue influence is used to gain control over an elder’s real and personal property and financial resources. Financial exploitation may occur when parties to a real estate transfer fail to provide reasonable consideration for the transfer. Finally, financial exploitation may occur when an elder consumer is victimized by consumer scams, telemarketing fraud, sweepstakes fraud, predatory lending, and other scams that target elderly persons.
Why do criminals target the elderly? Criminals often target senior citizens (65 or older) because they manage a large percentage of the nation’s liquid assets and may be more vulnerable to fraud and deception due to age related physical and cognitive limitations. The assets stolen may represent an elderly victim’s life’s savings.
Address: 6500 Palma AvePhone: (805) 461-5000Fax: (805) 461-7612Contact Page: www.atascadero.org/contactus
Address: 5505 El Camino RealPhone: (805) 461-5051Fax: (805) 461-3702Website: www.atascadero.org/Police
Address: 6005 Lewis AvePhone: (805) 461-5070Fax: (805) 466-2907Website: www.atascadero.org/Fire
Address: 5599 Traffic WayPhone: (805) 470-3360Fax: (805) 461-7612Website: www.atascadero.org/communitycenter
Address: 9315 Pismo AvePhone: (805) 461-5005Fax: (805) 461-5026Website: www.paviliononthelake.com
Address: 9305 Pismo AvePhone: (805) 461-5080Fax: (805) 461-7625Website: www.charlespaddockzoo.org
Address: 8005 Gabarda RdPhone: (805) 461-5000Fax: (805) 461-5022Website: www.atascadero.org/wwtp
6500 Palma Ave, Atascadero, CA 93422 | Tel: (805) 461-5000 | Fax: (805) 461-7612 | © 2011 - City of Atascadero
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