Webinar: Elder Fraud Issues
December 13, 2023 3:00 pm - 4:30 pm
Do you know the red flags?
According to the U.S. Department of Justice, elder abuse and exploitation affect at least 10 percent of older adults each year. Millions of instances of financial fraud combine to reflect an annual loss of more than $3 billion. Attend this important webinar to learn more.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Distinguish between elder theft and elder fraud
- Spot scams, including government imposter, romance, person-in-need, and tech
- Identify behavioral or financial red flags
- Provide special SAR reporting, including what needs to be in the narrative
- Understand why privacy is not a concern
WEBINAR DETAILS
The Financial Crimes Enforcement Network (FinCEN) issued an advisory to alert financial institutions to the rising trend of elder financial exploitation (EFE) and to highlight typologies and red flags new since the first EFE advisory in 2011. FinCEN also issued 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.
WHO SHOULD ATTEND?
This informative session is designed for tellers, new account representatives, branch managers, compliance staff, BSA officers, and BSA staff.
TAKE-AWAY TOOLKIT
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: Deborah L. Crawford, Gettechnical, Inc.
Deborah Crawford is the President of Gettechnical Inc., a Florida-based firm, specializing in the education of financial institutions across the nation. Her 30+ years of experience began at Hibernia National Bank in New Orleans. She graduated from Louisiana State University with both her bachelor’s and master’s degrees.
Debbie specializes in the education of financial institution employees and officers in the areas of deposit account laws, new account documentation, insurance, complex compliance regulations, and IRAs.