Financial exploitation of an elder person is a felony in Georgia from the outset, and the state prosecutes it without the dollar threshold that a smaller theft might fall under. The exploitation statute applies to the misuse of an elder person’s money, property, or resources through deception, intimidation, coercion, or undue influence. An elder person is generally someone 65 or older, and the same protections extend to disabled adults and residents of care facilities.
The conduct takes recognizable forms. Misusing a power of attorney, draining a joint bank account, forging signatures on financial documents, and pressuring someone with cognitive decline into changing a will all fall within the statute. A caregiver who diverts an elder’s funds occupies exactly the position of trust the law targets.
The penalty is serious and does not depend on the amount taken. A conviction is a felony punishable by one to twenty years in prison, a fine of up to $50,000, or both, and there is no misdemeanor tier for the exploitation itself. The same range applies whether the case involves a single transaction or a long pattern of draining accounts.
Other safeguards surround the criminal charge. Financial institutions and certain care providers carry mandatory reporting duties when they suspect exploitation, and civil remedies allow a victim or their family to pursue recovery of misappropriated assets. Threatening or intimidating an elder who has reported abuse is itself a separate offense. Someone who assumes that quietly moving a relative’s money is a private family matter can find it treated as a felony from the first dollar, since the statute measures the betrayal of trust rather than the size of the loss.