Venue
Webinar

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Event Date Thu Mar 18 EDT (7 months ago)
Location Webinar
Region All
Details

Unfortunately, older adults, as well as others who are vulnerable, are being taken advantage of, often by persons who are close to the victim – a family member, friend, or caretaker. Financial exploitation of the elderly has been an alarmingly increasing type of fraud as it frequently occurs without the explicit knowledge or consent of a senior or disabled adult, depriving him/her of vital financial resources for his/her personal needs. Assets are commonly taken through forms of deception, false pretenses, coercion, harassment, duress, and threats.

The Financial Exploitation/Elder Abuse webinar will review the steps/best practices that an institution can undertake when it suspects that a customer is being financially exploited.

HERE IS WHAT YOU WILL LEARN:

• FinCEN Guidance.
• Economic Growth, Regulatory Relief, Consumer Protection Act provisions.
• Regulation E Unauthorized EFTs.
• CFPB Advisory, Recommendations, and Reports.
• Red Flags.