An outreach campaign is being launched on June 15 in recognition of World Elder Abuse Awareness Day, to share information on how to prevent the financial abuse of seniors.
Social distancing to curb the spread of COVID-19 may have a devastating effect on older New Brunswickers – a demographic already at risk of isolation and loneliness.
As the province’s seniors self-isolate to protect themselves from this insidious virus, this same social disconnection can put them at greater risk of depression, anxiety, loneliness and financial exploitation.
Recognizing Financial Abuse
Money Talks: Financial Abuse
Financial abuse can happen to anyone. As we age and become more dependent on others, however, we can become more vulnerable to influence and pressure. This can lead to a situation of financial abuse or exploitation. The risk is even higher for those who suffer from some form of cognitive impairment (such as Alzheimer’s or dementia) as they may be significantly more dependent on others.
News and Alerts
The Financial and Consumer Services Commission (FCNB) is recognizing World Elder Abuse Awareness Day (WEAAD) on June 15 by launching a campaign to raise awareness about senior financial abuse.