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Reducing Financial Abuse of Seniors Explored In Government Report

The General Accountability Office, the investigative arm of the U.S. Congress, issued a report late last week exploring elder abuse in the United States with a focus on financial abuse.

The report focused on the myriad resources in government devoted to reducing financial exploitation of seniors, however, recognizes that the problem is growing.  The report calls for a more cohesive and deliberate approach government-wide that, at a minimum, identifies gaps in efforts nationwide, ensures that federal resources are effectively allocated, establishes federal agency responsibilities, and holds agencies accountable for meeting them.  It recommends a national strategy to tackle the problem.

Access the full GAO report and review some interesting graphs and charts from the evaluation.

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