NJ A2835

Creates the criminal offense of "financial exploitation of the elderly" targeting persons in a position of trust who compel or induce elderly individuals to surrender property through fraud, false promises, extortion, or intimidation

Defines "elderly" as persons 60 years or older suffering from age-related disease, infirmity, or mental condition rendering them incapable of consenting to property transactions

Defines "person in position of trust" to include relatives, joint tenants, fiduciaries, paid caregivers, and neighbors or friends providing ongoing home care services

Upgrades theft penalties when elderly victims are involved: thefts of $200-$500 become third-degree crimes (up from fourth-degree), and thefts under $200 become fourth-degree crimes (up from disorderly persons offenses)

Provides affirmative defenses for good-faith property management assistance and for defendants who did not know or could not have known the victim qualified as elderly under the statute