Increasing Cases of Financial Abuse Against the Elderly
July 5, 2025
Children and caregivers of elderly individuals are legally siphoning funds from their bank accounts under the pretense of assisting them. This has led to cases involving amounts exceeding half a million euros. The situation is concerning, with a rising number of complaints and no established protection mechanisms for the elderly. The president of the Elderly Observatory emphasized the need for better legal protection for victims of such practices.