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Is Psychological Vulnerability Related to the Experience of Fraud in Older Adults?
| Content Provider | Scilit |
|---|---|
| Author | Lichtenberg, Peter A. Stickney, Laurie Paulson, Daniel |
| Copyright Year | 2013 |
| Description | Financial exploitation, and particularly thefts and scams, are increasing at an alarming rate. In this study we (a) determined the national prevalence of older adults who report having been a victim of fraud, (b) created a population-based model for the prediction of fraud, and (c) examined how fraud is experienced by the most psychologically vulnerable older adults. The older adults studied were 4,400 participants in a Health and Retirement Study substudy, the 2008 Leave Behind Questionnaire. The prevalence of fraud across the previous 5 years was 4.5%. Among measures collected in 2002, age, education, and depression were significant predictors of fraud. Financial satisfaction and social-needs fulfillment were measured in 2008 and were significantly related to fraud above and beyond the 2002 predictors. Using depression and social-needs fulfillment to determine the most psychologically vulnerable older adults, we found that fraud prevalence was three times higher (14%) among those with the highest depression and the lowest social-needs fulfillment than among the rest of the sample (4.1%; $χ^{2}$ = 20.49; p < .001). Clinical gerontologists and other professionals in the field need to be aware of their psychologically vulnerable clients' heightened exposure to financial fraud. |
| Related Links | http://europepmc.org/articles/pmc3755896?pdf=render https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3755896/pdf |
| Ending Page | 146 |
| Page Count | 15 |
| Starting Page | 132 |
| ISSN | 07317115 |
| e-ISSN | 15452301 |
| DOI | 10.1080/07317115.2012.749323 |
| Journal | Clinical Gerontologist |
| Issue Number | 2 |
| Volume Number | 36 |
| Language | English |
| Publisher | Informa UK Limited |
| Publisher Date | 2013-03-01 |
| Access Restriction | Open |
| Subject Keyword | Journal: Clinical Gerontologist Gerontology Financial Exploitation Psychological Vulnerability Scams |
| Content Type | Text |
| Resource Type | Article |
| Subject | Health (social science) Gerontology Social Psychology Clinical Psychology Geriatrics and Gerontology |
