The Messenger

Bill on financial exploitation of seniors passes the House

Legislation aimed at strengthening Kentucky laws against the financial exploitation of senior citizens passed the House on Wednesday, according to a legislative news release.
The National Law Review

Elder Financial Exploitation

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Finextra

Elder Financial Exploitation: What Financial Institutions Must Do

Elder financial exploitation is more than just a fraud issue — it’s a pressing public health and consumer protection challenge. As the population ages and digital channels become more prevalent, older ...
JD Supra

Agencies issue guidance on elder financial exploitation

On December 4, the CFPB, the FDIC, the Fed, FINCEN, the NCUA, the OCC and state financial regulators issued a statement titled the “Interagency Statement on Elder Financial Exploitation” to provide ...
JD Supra

Broker-Dealer Liability Risks in Elder Financial Exploitation Cases

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 ...
San Diego Union-Tribune

Older adults need protection from financial abuse by family members

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 ...
The Nation Newspaper

Anuoluwapo Ojomo: Uncovering the Growing Threat of Elder Financial Exploitation

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, ...