Psychosocial Correlates of Financial Exploitation of Older Adults: A Comparison Between Arabs and Jews in Israel

This study examined psychosocial correlates of perceived financial exploitation (FE) experiences among two main ethnic groups within Israel: Jewish Israelis and Arab Israelis. Israeli older adults (<i>N</i>= 357; <i>M</i>age= 67.89, <i>SD</i>= 6.21) completed measures of FE history and psychosocial factors (perceived loneliness, social support, and psychological distress). A MANCOVA model revealed that differences between FE and non-FE groups in psychosocial functioning were greater for Arabs compared to Jews. Findings suggest that Israeli Arabs may be in particular need of support following a FE experience, and highlight the importance of considering ethnicity as a contextual factor that may modify FE risk and consequences.