Older Americans are losing billions of dollars annually to financial exploitation. Banks and investment firms are training employees to spot red flags and stop the transactions.
The Securities and Exchange Commission, North American Securities Administrators Association and the Financial Industry Regulatory Authority have collaborated on newly released training resources to ...
MARIETTA, Ga. - One Marietta officer is getting recognized for putting his training to use and helping an elderly man who was allegedly being taken advantage of. Officer Jared Foster was patrolling ...
Ohio Attorney General Dave Yost announced earlier this month that his office is partnering with the Ohio Bankers League and the Ohio Health Care Association on a statewide campaign to increase ...
Elder financial exploitation is more than just a fraud issue — it’s a pressing public health and consumer protection challenge. As the population ages and digital channels become more prevalent, older ...
The Pennsylvania Department of Aging (PDA), joined by the Pennsylvania attorney general’s office and other members of a public-private task force, held a media briefing to provide an overview of its ...
On December 4, the CFPB, the FDIC, the Fed, FINCEN, the NCUA, the OCC and state financial regulators issued a statement titled the “Interagency Statement on Elder Financial Exploitation” to provide ...
Josh D. Jones is the managing principal of Bressler, Amery & Ross’s Alabama office and a leader within the greater firm platform. He is a co-manager of Bressler's Senior and Vulnerable Investor Group, ...
The bill specifies that no financial institution staff member who receives the training will be liable in any civil or administrative proceeding for disclosing the suspected financial exploitation of ...
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