WEAAD 2025 Webinar | Beyond the Billions: Understanding and Preventing Elder Financial Fraud
Source: National Center on Elder Abuse
Published: 2025
Summary:
Webinar Resources:
Join the National Center on Elder Abuse and Federal Trade Commission (FTC) for a World Elder Abuse Awareness Day webinar, highlighting key findings from the FTC’s 2024 Consumer Sentinel Network Data Book, which reported over $2.3 billion in losses for older consumers. The consequences of financial fraud can be profoundly devastating, both financially and emotionally, particularly for older adults. This webinar will examine the data to identify common scams and trends, explore the impacts of fraud, and discuss effective strategies for prevention and recovery.
Panelists:
- Duke Han, PhD, Professor of Psychology and Family Medicine, University of Southern California
- Bonnie Olsen, PhD, Professor of Clinical Family Medicine, University of Southern California
- Lois Greisman, Associate Director, Division of Marketing Practices, Federal Trade Commission
- Jennifer Leach, Associate Director, Division of Consumer and Business Education, Federal Trade Commission
- Paul Greenwood, Retired San Diego Deputy District Attorney
Resources shared in the chat:
Federal Trade Commission
- Consumer Sentinel Network Data Book 2024
- ftc.gov/ConsumerAlerts
- https://www.bulkorder.ftc.gov/
- ftc.gov/PassItOn
- ftc.gov/OlderAdults
- ReportFraud.ftc.gov
National Center on Elder Abuse
- Tips and Tools to Facilitate Psychological Recovery and Resilience After Financial Exploitation
- Ethics in Elder Mistreatment Podcast Series – Protecting wallets vs respecting self-determination. What’s the balance?
Additional Resources
- AARP Fraud Watch Network
- AARP Bank Safe
- FBI – Victim of Romance Scam Who Became Money Mule Tells Story
- Elder Abuse Guide for Law Enforcement (EAGLE)
- Operation Shamrock
- Senior Medicare Patrol Resource Center
- Vulnerability to financial scams in aging adults could be an early indicator of Alzheimer’s disease, new research shows
Link: WEAAD 2025 Webinar | Beyond the Billions: Understanding and Preventing Elder Financial Fraud
Topics: Financial Abuse
Access: Web-based
Intended Use: Self-directed Learning, Teaching Others
Audience: Community, Finance
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