On October 18, 2017, the Elder Abuse Prevention and Prosecution Act became law. Among other things the law requires that the United States Department of Justice establish best practices for data collection on elder abuse and collection and publish data on elder abuse cases and investigations. The "sense of the Senate" expresses that: "(1) elder abuse involves exploitation of potentially vulnerable individuals; (2) combatting elder abuse requires support for victims and prevention; and (3) the Senate supports a multipronged approach to prevent elder abuse, protect victims, and prosecute perpetrators of elder abuse crimes."
As America ages, there is increasing focus on protecting our seniors from elder financial abuse. The federal government as well as state and local governments are creating new laws and amending old ones to expand this protection. Communities throughout our country are also addressing how seniors may be safeguarded from financial exploitation.