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Can you summarize VACV 18.2-178.1?
Financial exploitation of vulnerable adults; penalty
Short Summary
This section of the Code of Virginia addresses the financial exploitation of vulnerable adults. A vulnerable adult is defined as per 18.2-369. It is unlawful for any person who knows or should know that another person is a vulnerable adult to take, obtain, or convert money or other thing of value belonging to that vulnerable adult with the intent to permanently deprive them thereof, using the vulnerable adult’s impairment. Violation of this section is deemed as larceny. The trial for an accused charged with this offense can take place in any county or city where any act was performed in furtherance of the offense, where the accused resided at the time of the offense, where the vulnerable adult resides or resided at the time of the offense, or where the vulnerable adult sustained a financial loss as a result of the offense. However, this section does not apply if the accused acted for the benefit of the vulnerable adult or made a good faith effort to assist them with the management of their money or other thing of value.
Whom does it apply to?
Any person who knows or should know that another person is a vulnerable adult
What does it govern?
Financial exploitation of vulnerable adults
What are exemptions?
This section shall not apply to a transaction or disposition of money or other thing of value in which the accused acted for the benefit of the vulnerable adult or made a good faith effort to assist such person with the management of his money or other thing of value.
What are the Penalties?
Guilty of larceny
Jurisdiction
Virginia