Financial abuse is defined differently in each jurisdiction. However, it means that someone in a position of trust or confidence takes advantage of, controls, steals, or uses fraud to get the assets of a vulnerable adult for their own benefit. Elders, often known as senior citizens in California, are people aged 65 and up. Dependent adults, on the other hand, are adults between the ages of 18 and 64 who have physical or mental problems that make it hard for them to do everyday things to protect themselves from financial abuse.