SB0273

Illinois SB0273 amends the Criminal Code to address financial exploitation of elderly and disabled individuals.

Illinois SB0273 amends the Criminal Code to redefine financial exploitation of elderly and disabled individuals, enhancing penalties and clarifying definitions. It specifies that financial exploitation occurs when someone in a position of trust knowingly obtains control over property through deception or intimidation. The bill also lowers the threshold for a Class X felony charge in cases of theft exceeding $100,000. Additionally, it allows for civil actions against those found guilty of financial exploitation, seeking treble damages and legal fees.