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 ...
A bipartisan proposal to curb elder financial fraud is gaining traction in Congress. The bill would enlist the Securities and Exchange Commission to help lawmakers fight this issue. It would also ...
Anuoluwapo Ojomo, an anti-fraud expert, speaks with OLUKOREDE YISHAU on Elder Financial Exploitation and the growing threat around it. Excerpts: Your work in the field of business risk, anti-fraud, ...
Financial Exploitation: How to Stay Safe From Fraud Older adults are especially vulnerable, so it's important to help loved ones guard against financial fraud, particularly if they're experiencing ...
The Financial Crimes Enforcement Network (“FinCEN”) recently issued a Financial Trend Analysis (“Analysis”) focusing on patterns and trends identified in Bank Secrecy Act (“BSA”) data linked to Elder ...
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 ...
Despite limited regulatory requirements to intervene, broker-dealers face exposure to discipline and liability claims when elderly clients fall victim to financial exploitation. In an environment of ...
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