New Jersey A2835 creates the offense of financial exploitation of the elderly.
New Jersey A2835 amends the state's criminal code to create the offense of financial exploitation of the elderly. This offense occurs when a person in a position of trust, such as a relative, caregiver, or fiduciary, compels or induces an elderly person to deliver property to them or a third person through fraud, false promise, extortion, or intimidation. "Elderly person" is defined as someone 60 years of age or older who suffers from a disease or infirmity associated with advanced age or a mental condition that impairs their ability to consent to property transactions.
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