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Financial Abuse

  1. Home
  2. Partnership Priority Areas
  3. Tackling Exploitation
  4. Financial Abuse

Financial exploitation is a form of financial abuse. It occurs when an individual or group takes advantage of an imbalance of power to coerce, manipulate or deceive a child, young person, or  adult (including those with care and support needs); to misuse or take their financial assets (including welfare benefits) for the financial advantage or increased status of the perpetrator or facilitator.

The victim may have been financially exploited even if the activity appears consensual; or may not have explicit knowledge of the exploitation.

Financial exploitation does not always involve physical contact; it can also occur using digital or postal communication.

Last Updated: 28 May 2024 9:51 AM

Related Links

  • Ann Craft Trust - What is Financial Abuse
  • Surviving Economic Abuse
  • Financial Scamming, Next of Kin and the Mental Capacity Act [Video]
  • National Centre for Post-Qualifying Social Work - Financial Scamming and Fraud
  • Friends Against Scams
  • The National Society for Post-Qualifying Social Work - Scams Information for Download
  • Stop Loan Sharks
  • Take Five to Stop Fraud
  • Citizens Advice Bureau Shropshire
  • Ann's Craft Trust - Keeping Safe from Financial Abuse
  • Trading Standards - Advice for Consumers
  • Social Media Scams

Related Documents

  • Financial Scamming, Next Of Kin And The Role Of The Mental Capacity Act
  • Scams The Power Of Persuasive Language
  • Friends Against Scams Wash Your Hands Of Coronavirus Scams
  • Opportunities To Address Scams And Rogue Trading In Your Role In Social Care, Housing And Voluntary Sector
  • West Mercia Police Fraud And Scam Bulletin May 2024

Warwickshire and West Mercia Community Rehabilitation West Mercia Police Shropshire Council Shropshire Telford and Wrekin Integrated Care System Shropshire Fire and Rescue Service

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