Financial Exploitation

The National Center on Law and Elder Rights (NCLER) released a tip sheet to help older adults stop receiving robocalls. Telemarketers, debt collectors, and scammers utilize illegal robocalls- automated telephone calls- to target potential victims. This document provides older consumers with several tips they can use to lessen the frequency of robocalls, while protecting them from scams.

This study examines elder financial exploitation Suspicious Activity Reports (EFE SARs) filed with the federal government by financial institutions such as banks and money services businesses between 2013 and 2017. The goal of this report is to analyze the complex problem of elder financial exploitation and identify ways to improve prevention and response.

This is a financial empowerment toolkit from the Consumer Financial Protection Bureau. It is a resource that can help individuals understand the risks and benefits of financial products, services, and actions so they can control their own financial situations and make their own choices. The toolkit includes a set of modules that organizations may integrate into their daily work with the people they serve.

The Consumer Financial Protection Bureau released a report about how to fight elder financial exploitation by using community networks. CFPB also offered specific recommendations as to existing networks and stakeholders to assist in the fight against exploitation.