Elderly Americans lose more than $28 billion a year to financial exploitation, and the results can be devastating -- from ...

Addressing elder financial exploitation requires a concerted effort from financial institutions, regulators, caregivers, and communities alike. By fostering a culture of vigilance, staff training, and ...

Despite limited regulatory requirements to intervene, broker-dealers face exposure to discipline and liability claims when elderly clients fall ...

Age-old financial scams have become digitized, putting seniors at greater risk, says Adam Frank, head of wealth planning and ...

Federal & state regulators revisit elder financial exploitation Tuesday, Dec. 10, 2024, 10:32 AM SubPrime Auto Finance News Staff ...

Filing SARs Involving Suspected Elder Financial Exploitation: Financial institutions are required under federal laws and regulations to file Suspicious Activity Reports (SARs), which may include ...

A Ray County couple who are local business owners have been charged with stealing over $3 million from two elderly residents ...

Elder abuse—especially financial exploitation—continues to affect thousands of seniors each year, often going unreported and committed by both strangers and trusted individuals.

Elder financial exploitation is typically described as ‘the illegal or improper use of an older adult’s funds, property, or assets. Perpetrators range from family members and other people a ...

A major new survey of 762 experts on financial exploitation of the elderly, conducted by the nonprofit Investor Protection Trust, showed 84 percent of them agree that "the problem of ...

McKinney police charged the three suspects with a large-scale financial exploitation scheme targeting older adult victims.

Elder abuse includes a number of forms of exploitation of an individual age 60 or older. The abuse can be verbal, physical, psychological, sexual, or the result of neglect – but most often it involves ...