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Access Type

WSU Access

Date of Award

January 2022

Degree Type

Dissertation

Degree Name

Ph.D.

Department

Psychology

First Advisor

Peter Lichtenberg

Abstract

The purpose of this study was to cross-validate the Financial Exploitation Vulnerability Scale (FEVS), a measure of contextual risk for financial exploitation. One hundred fourteen community-based participants were recruited for the study, and 33 of those participants had experienced financial exploitation. Measures included demographic variables, neurocognitive assessments, measures of psychosocial functioning, and the FEVS. Chi-square and to test analyses were used to determine which of these included variables differentiated exploited and non-exploited participants. A ROC curve analysis was used to determine the clinical utility of the FEVS total score to detect financial exploitation. Logistic regression was used to establish that the FEVS is an independent predictor of financial exploitation status. Correlational analyses were used to establish the convergent and discriminant validity of the FEVS. Exploratory and confirmatory factor analyses were used to explore the factor structure of the FEVS, and the model fit of the items. The results supported the FEVS as a clinically useful measure to detect financial exploitation in this sample. The FEVS demonstrated good psychometric properties across measures of internal consistency and validity. These findings are very similar to the initial validation study. This cross-validation study has provided more support for the clinical use of this measure. The FEVS is a brief, standardized tool that can be utilized by a wide variety of professionals who work with older adults including APS, medical, and financial professionals to help prevent exploitation.

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