It might very well be the case that a 97-year-old consumer is applying for financing to take delivery of a $97,000 luxury SUV. Or it could be someone with illegal intentions trying to take advantage ...

On December 4, an Interagency Statement on Elder Financial Exploitation (the “Interagency Statement”) was issued by the Board of Governors of the Federal Reserve System (FRB), Consumer Financial ...

A bipartisan proposal to curb elder financial fraud is gaining traction in Congress. The bill would enlist the Securities and Exchange Commission to help lawmakers fight this issue. It would also ...

Elder financial exploitation is typically described as ‘the illegal or improper use of an older adult’s funds, property, or assets. Perpetrators range from family members and other people a victim ...

A mentor once told me that we take better care of our pets than we do older victims of mistreatment. As a researcher, I have sat across from people, including grown men, crying while recounting ...

A mentor once told me that we take better care of our pets than we do older victims of mistreatment. As a researcher, I have sat across from people, including grown men, crying while recounting ...

Anuoluwapo Ojomo, an anti-fraud expert, speaks with OLUKOREDE YISHAU on Elder Financial Exploitation and the growing threat around it. Excerpts: Your work in the field of business risk, anti-fraud, ...

WEST ORANGE, N.J., March 11, 2026 /PRNewswire/ -- Pollock Cohen LLP announced it filed a civil lawsuit on behalf of a 76-year-old retiree who was conned out of his life savings. The complaint alleges ...

Kentucky seniors would have more protection against financial exploitation under a bill passing the House Banking and Insurance Committee Wednesday. Kentucky Edition is available to stream on pbs.org ...

ATLANTA, Ga. - A new law now on Georgia Gov. Brian Kemp’s desk would give banks and credit unions a tool to temporarily delay certain transactions when there is reasonable cause to suspect financial ...

Despite limited regulatory requirements to intervene, broker-dealers face exposure to discipline and liability claims when elderly clients fall victim to financial exploitation. In an environment of ...