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 ...
It might very well be the case that a 97-year-old consumer is applying for financing to take delivery of a $97,000 luxury SUV. Or it could be someone with illegal intentions trying to take advantage ...
On December 4, an Interagency Statement on Elder Financial Exploitation (the “Interagency Statement”) was issued by the Board of Governors of the Federal Reserve System (FRB), Consumer Financial ...
Elder financial exploitation (EFE) is a common form of elder abuse that impacts as much as 10% of older Americans each year. But to better combat its growing commonality, more information is needed — ...
Its website advises senior citizens to "minimize the risk of elder exploitation by keeping active and by staying in regular contact with friends, family and neighbors." It advises them to observe the ...
Protecting the wealth of older adults should be a high priority for banks, insurance companies, and others, according to the latest edition of Public Policy & Aging Report (PP&AR). Elder financial ...
Elder abuse is a complex and concerning issue that affects vulnerable older Americans in various ways and cost us more than ...
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‘If it’s not your money, it’s a crime’: Advocacy, awareness against elderly exploitation
EL PASO, Texas (KTSM) – With more than 6 million residents in Texas who are considered elderly or disabled, the Texas Department of Family Protective Services (DFPS) continues to work to educate the ...
What could be worse than exploiting an elderly or disabled person by stealing or misusing their money or property? Adult Protective Services (APS), a program of the Texas Department of Family and ...
FRANKLIN COUNTY, Ala. (WAFF) - Two women face charges in Franklin County for elder abuse and financial exploitation of the elderly. Authorities said the charges against Christy Baker and Edith Avery ...
LUBBOCK, Texas (KCBD) - In 2023, Adult Protective Services, a program of the Texas Department of Family and Protective Services, investigated more than 13,000 cases of elderly financial exploitation ...
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