More than one in 10 suffer financial abuse - and culprit is known to victim in most cases, poll says

The vast majority of financial abuse is person-to-person. We know that it often involves coercion of a vulnerable person. It can happen when someone is dependent on another person for help, and that person subtly misuses their money. This can start small and escalate into serious crime, but all financial abuse at any level is wrongdoing and must be called out.

85% of victims said they were targeted by someone known to them. Among those who had witnessed financial abuse, the abuser was known in 78% of cases. The breach of trust was carried out by a family member, carer, neighbor, or social welfare agent.

Read at Irish Independent