February 28 at 12:30 PM - 01:30 PM EST

Elder Financial Abuse

Why Awareness, Early Detection & Timely Reporting are Key

Vastly underreported, elder financial abuse is estimated to impact 1 in 10 elderly Americans each year.[1] Financial institutions face increased responsibility to help combat the exploitation of vulnerable customers.

With early detection and timely reporting to law enforcement, financial institutions can play a critical role in protecting elderly customers from financial loss. Join us live, as we discuss the scale of elder financial abuse.

In this webinar, you will learn:

  • The scale of elder financial abuse and the challenges financial institutions face preventing fraud from targeting senior customers.
  • What scams criminals use to target elderly customers.
  • Red flag indicators of elder financial exploitation.
  • Best practices for reporting elder fraud, including Suspicious Activity Reporting, and contacting appropriate local and state-level agencies.

[1] Nasdaq, 2024 Global Financial Crime Report

Tagged as...

  •   Elder Financial Abuse
  •   Fraud
  •   Fraud Scams
  •   Red Flags
  •   SARs

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