WEAAD Global Summit 2019

Experts from across the country came together in Washington, D.C. on June 11, 2019 for the World Elder Abuse Awareness Day (WEAAD) Fifth Global Summit and the 15th anniversary of the commemorative day. This year's theme was "Lifting Up Voices" with the goal to champion elder justice and discuss elder financial exploitation. Dr. Elizabeth Podnieks, Founder of WEAAD, shared her vision "where we celebrate and respect older persons and their human rights." Her challenge to the crowd was finding a...
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$36 Billion Piggy Bank

Richard Cordray, Director of Federal Consumer Financial Protection Bureau, called elder financial exploitation the “crime of the 21st century.” Approximately 36.9% of seniors are affected by financial abuse in a given five-year period. According to The True Link Report on Elder Financial Abuse 2015, $36.48 billion a year is lost by victims of elder financial abuse — more than twelve times what was previously reported. $6.7 billion is stolen through Trust Abuse, when friends, family, or paid h...
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