Financial Exploitation of an Elderly (1st Degree) is a felony of which class?

• A. felony (class a)
• B. misdemeanor (class a)
• C. felony (class c)
• D. felony (class b)

Answer: (D)

Offense classification is set by statute and tells you how serious a crime is. In the case of financial exploitation of an elderly person at first degree, the law labels this crime as a Class B felony. That means it’s a felony with a specific level of severity defined by the statute—more serious than a misdemeanor, but not in the highest felony tier. The term “first degree” shows the level within the elder-exploitation offense, while the class tells you the exact statutory category. The other options would describe a different level of severity (a misdemeanor or a different felony class) than what the statute assigns to this offense. So, the correct classification is a felony of Class B.