Course description

The Financial Crimes Enforcement Network (FinCEN) is issuing this advisory to alert financial institutions to the rising trend of EFE targeting older adult  and to highlight new EFE typologies and red flags since FinCEN issued the first EFE Advisory in 2011.  FinCEN is also issuing this advisory in support of World Elder Abuse Awareness Day, which has been commemorated on June 15 every year since 2006 and provides an opportunity for communities around the world to promote a better understanding of abuse and neglect of older adults by raising awareness of the related cultural, social, economic, and demographic factors. According to the U.S. Department of Justice, elder abuse, which includes EFE among other forms of abuse, affects at least 10 percent of older adults each year in the United States, with millions of older adults losing more than $3 billion to financial fraud annually as of 2019.

During this webinar we will review all the new and old typologies and your responses to Elder Financial Exploitation.

Program Highlights:

  • Elder Theft and Elder Scams
  • Common Elder Scam Typologies
  • Behavioral and Financial Red Flags
  • Suspicious Activity Reporting 
  • Other BSA Reporting 
  • Check Fraud
  • Working with Elder Protective Services
  • Power of Attorneys, Conservatorships and Representative Payees
  • State Statutes

 

Instructor(s)

Deborah Crawford

Deborah Crawford is the President of gettechnical inc. She specializes in compliance and regulations for the deposit side of financial institutions. Her 27+ year career in banking and training began at Hibernia National Bank. She has been a seminar leader for many state associations and credit union groups across the nation. She has Bachelors and Masters degrees from Louisiana State University.

Course curriculum

  • 1

    Webinar

    • Access Webinar

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