July 11, 2012
by Jay Scherder, KY3 News
Missouri Governor was in town Wednesday
at the South Side Senior Center to sign legislation concerning financial
exploitation.
The Missouri Department of Health and Senior Services
reports about one out of every five calls to the Elder Abuse Hotline deals with
financial exploitation. It's a constant battle, and before this law prosecutors
didn't have all the tools they needed to go after criminals.
"It is an awful and unfortunate truth that each year
thousands of older folks are the victims of financial exploitation," said
Governor Nixon.
It's a problem not only in Missouri, but across the country.
"It is estimated that each year in the United States
senior citizens are swindled out of $2.6 billion due to financial exploitation,"
Governor Nixon said.
SOURCE: KY3 NEWS
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