Dec 15, 2014 6:34 AM
Gov. Maggie Hassan to discuss financial exploitation law
The Associated Press
CONCORD (AP) - Gov. Maggie Hassan is going to be discussing a measure she signed into law that strengthens the penalties for financially exploiting the elderly and other vulnerable New Hampshire citizens.
The bill establishes clearer definitions of the crime of financial exploitation, which includes intentionally abusing the trust of an elderly or impaired adult to gain access to their money and assets.
The law, which takes effect Jan. 1, 2015, makes it a crime to use the person's money or assets for personal gain rather than to provide them with food, clothing, shelter and other care.
Penalties range from a misdemeanor to a felony depending on the amount of money diverted. The law also requires anyone convicted to make restitution.
Hassan was scheduled to discuss the law Monday morning at the Statehouse.