Banks Become Bulwarks Against Elder Financial Exploitation

Banks and investment firms are increasingly training employees to identify and prevent financial exploitation targeting vulnerable seniors, who lose billions annually.

28 Feb, 13:23 — 28 Feb, 13:23

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Banks Are Becoming Bulwarks for Vulnerable Seniors

Older Americans are losing billions of dollars annually to financial exploitation. Banks and investment firms are training employees to spot red flags and stop the transactions.

By Paula Span

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Banks Become Bulwarks Against Elder Financial Exploitation

Read at source (1 outlet)

Banks Are Becoming Bulwarks for Vulnerable Seniors

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