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AFAR encourages scientific, banking, and public sectors to address financial elder abuse

Mar 3
2017

AFAR encourages scientific, banking, and public sectors to address financial elder abuse View MoreBACK

Earlier this year, New York Governor Cuomo and US Senator Kirsten Gillibrand both introduces plans to prevent financial elder abuse on the state and federal levels, and AFAR applauds their commitment.

As a range of AFAR-supported researchers have explored how cognitive changes make older adults vulnerable to financial exploitation, AFAR welcomes opportunities to engage the research, banking, and public sectors and apply the insights we are learning through biomedical research on the cognitive changes that older citizens face, which put them at risk for financial exploitation.

In a related press release, AFAR shares perspectives from our board president Mark Lachs, MD, MPH, a pioneer in the field of elder abuse research, medical director of the New York City Elder Abuse Center; Bank of America Merrilll Lynch’s director of financial gerontology, Cynthia Hutchins; and Forbes “whealth” columnist and AFAR 2007 Beeson Scholar, Jason Karlawish, MD.

As AFAR remains dedicated to bridging biomedical research with the financial sector to confront and prevent the rise of financial elder abuse, stay tuned for insights from a June 2017 roundtable we are supporting at Stanford University.

We also encourage you to explore a two-part series on elder abuse by AFAR Medical Officer Richard M. Besdine, MD, in The Huffington Post here.

 





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