Resources to protect from Financial Exploitation or Fraud
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Protecting older adults from fraud and financial exploitation

Source: Consumer Protection Financial Bureau

Losing money or possessions to scams, fraud, and exploitation can be especially devastating to older adults, who may be not be able to earn back what they’ve lost.

Money Smart for Older Adults

Older adults can be attractive targets for financial predators both known and unknown to them. “Money Smart for Older Adults” is designed to help older adults, family caregivers and others prevent, recognize, and report financial exploitation.

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Consumer advisories: Preventing fraud

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Beware of scams targeting older adults during the holidaysRead the blog
Work with your bank or credit union to protect older adults from financial exploitationRead the blog
How to avoid becoming a victim of an asset recovery scamRead the blog
Planning for diminished capacity and illnessRead the blog

Resources for caregivers and service providers

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Protecting residents from financial exploitation: A manual for assisted living and nursing facilitiesRead the blog
Placemats with consumer protection tips to use with older adultsOrder placemats
Support your community’s fight against elder financial exploitationRead the report

Resources for financial institutions

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Reporting of Suspected Elder Financial Exploitation by Financial InstitutionsRead the advisory update 
Suspicious Activity Reports on Elder Financial Exploitation Read the report 
Advisory and report for financial institutions on preventing and responding to elder financial exploitationRead the advisory and report
Interagency guidance on privacy laws and reporting financial abuse of older adultsRead the document
Memorandum on financial institution and law enforcement efforts to combat elder financial exploitationRead the memorandum

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