Elder Financial Exploitation news and trends

Consumer Watchdog Warns Against Elder Financial Abuse

July 17, 2019
Consumer Watchdog Warns Against Elder Financial Abuse
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Consumer Watchdog Warns Against Elder Financial Abuse

July 17, 2019
The Consumer Financial Protection Bureau (CFPB) is urging financial institutions to report any suspicions they may have about financial exploitation of elderly people, the organization said in a release.  The CFPB is asking that financial institutions file Suspicious Activity Reports (SARs) with the government when they think elder financial exploitation (EFE) is happening. “The (CFPB) […]