Safeguarding Seniors: Tackling the $28 Billion Elder Financial Exploitation Epidemic

Overview
Online
80:21
Description
Elder financial exploitation is an escalating crisis, with victims losing more than $28 billion annually, as reported by AARP. This highlights the urgent need of effective intervention by financial institutions that must help protect their elderly clients from financial exploitation.
In this webinar, you will dissect the tactics used by fraudsters, both known and unknown, and learn about the actionable measures you can take to reduce the prevalence and impact of these crimes. You will also explore various strategies, including advanced monitoring techniques, client education initiatives, and collaborative efforts with legal and social entities.
Prerequisites
None
You Will Learn How To:
Develop and implement effective detection and prevention strategies within financial institutions.
Educate elderly clients on financial safety and awareness to prevent exploitation.
Engage in multi-disciplinary collaboration to provide comprehensive protection against elder financial exploitation.
Recognize and respond to common scams and fraudulent activities targeting seniors.
CPE Information
CPE Credit: | 1.5 |
---|---|
NASBA Information: | Auditing |
Advanced Preparation: | None |
Last Updated: | July 2024 |
Presenters
Jacob Denman, CAMS - Moderator
Partnerships & Alliances
Thomson Reuters
Erin West - Speaker
Deputy District Attorney
Santa Clara County District Attorney's Office
Jennifer Pitt, CFE - Speaker
Fraud Prevention Consultant
VOICE AGAINST FRAUD, LLC
Angela Diaz - Speaker
Vice President, Lead Control Management Officer
Wells Fargo
Victoria Breshears, CFE - Speaker
Head of Anti-Fraud and Financial Crimes
Securian Financial
Policies
CPE Credit
Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.
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