The Financial Exploitation Prevention Act of 2025 is aimed at preventing adults age 65 or older or those with disabilities ...
Banks reported nearly $27 billion had been tied up in scams or theft against elderly people in a recent 12-month period, according to a report from the U.S. Treasury. A bureau of the Department of the ...
The impacts of fraud and financial exploitation on seniors reach far beyond finances. Non-economic costs can include psychological, behavioral, and physical symptoms that are just as important to ...
The subject of financial exploitation of elders in our country has been on law enforcement radar for decades. Significant public education programs on this topic by states, counties, and elder-focused ...
Earlier this week, the Board of Governors of the Federal Reserve System (FRB), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement ...
The adoption of artificial intelligence took both Wall Street and Main Street by storm in 2023. Suddenly, we had the power of AI at our fingertips, utilizing it to help proofread and improve our ...
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 ...
A mentor once told me that we take better care of our pets than we do older victims of mistreatment. As a researcher, I have sat across from people, including grown men, crying while recounting ...
The recent arrest of an Edwardsville caretaker who is accused of draining a client’s bank account took place as officials have been working to address an increasing number of reported cases of elder ...
TO HELP OLDER PEOPLE WITH A NUMBER OF FINANCIAL CHALLENGES. ORGANIZERS. WITH THE DEPARTMENT OF SOCIAL SERVICES IN CHATHAM COUNTY SAY THEY ARE SEEING AN INCREASE IN SCAMS, SO THEY’VE COME ON TO HERE, ...
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