Who are the Financial Predators?
Financial predators almost always look familiar -- because more than 90% of the cases of financial exploitation are committed by someone known to the victim and involve a long-term "trusted relationship."
Financial predators come from all social, economic, religious and cultural backgrounds. They can be of any race, gender or age. Often, financial perpetrators are aided by professionals such as lawyers and physicians who either knowingly or unwittingly facilitate the financial exploitation.
Common relationships between perpetrators and victims include:
Adult child and parent
Parent and minor child
Parent and adult child with disabilities
Caregiver - Patient/Client
Clergy and congregant
Financial /investment adviser - client