Details
July 8, 2020
10:00AM - 11:00AM
Elder Financial Abuse
Webinar
Financial Elder Abuse is viewed as one of the fastest growing crimes in the US. In 2012, the US Census identified over 41 million citizens aged 65 and older. This represents over 18% of the population. It is projected that by 2030, the 65 and older population will reach almost 75 million! Why should you be concerned? Money! These individuals hold nearly 70% of all retail savings deposits in commercial banks, nearly 80% of dollars in savings institutions and 80% own their homes. Because of the vast holdings, these individuals are, in many ways, easy targets for abuse. Bloomberg estimates these losses at almost 37 Billion a year! This session will include: Identification of Mandatory Reporter (the laws vary by state), what constitutes as financial elder abuse, and what you can do to protect these individuals at your institution.
Who should attend: This session is ideal for ACH Operations, Branch Personnel, Compliance Officers and AAP/APRP Candidates
AAP/APRP Credits 1.2
Webinar Cost:
Member Price: $199
Non-Member Price: $398
SFE Education Club = 8 Credits
Printer-Friendly Version
Add to Calendar
aCLuDhaqizCaPxAftmqF167204
07/08/2020 10:00 AM
07/08/2020 11:00 AM
false
Elder Financial Abuse
Financial Elder Abuse is viewed as one of the fastest growing crimes in the US. In 2012, the US Census identified over 41 million citizens aged 65 and older. This represents over 18% of the population. It is projected that by 2030, the 65 and older population will reach almost 75 million! Why should you be concerned? Money! These individuals hold nearly 70% of all retail savings deposits in commercial banks, nearly 80% of dollars in savings institutions and 80% own their homes. Because of the vast holdings, these individuals are, in many ways, easy targets for abuse. Bloomberg estimates these losses at almost 37 Billion a year! This session will include: Identification of Mandatory Reporter (the laws vary by state), what constitutes as financial elder abuse, and what you can do to protect these individuals at your institution.
Who should attend: This session is ideal for ACH Operations, Branch Personnel, Compliance Officers and AAP/APRP Candidates
AAP/APRP Credits 1.2
Webinar Cost:Member Price: $199Non-Member Price: $398
SFE Education Club = 8 Credits
Click Here to Register!
----