Financial abuse is a broad term that can apply to a lot of different problems that victims experience. But at its core, it involves an abuser either stealing money from someone, denying money from someone or using money to exert control and power over them.
Stealing money from someone
Taking financial control away from someone
Placing a spouse or partner on an “allowance” and controlling their access to money
Recklessly spending someone else’s money
Tricking a senior into giving their money away in a scam
Taking advantage of an elderly family member to use their money