What's New? Elder Financial Exploitation
Thursday, April 9, 2015 at 2:00PM
Banking Spectrum in Incompetent Depositors, What's New

Federal and State regulators emphasize that financial institutions can play a key role in preventing elder financial exploitation.  Bank tellers and other staff, including those overseeing investment accounts or offering investment advice, are on the frontlines of combating elder financial exploitation.  These individuals frequently work directly with elderly customers and are in a unique position to observe potential “red flags” of abuse.  

See new section of The Gold Book, Elder Financial Exploitation for more information. 

Article originally appeared on Banking Spectrum (http://www.bankingspectrum.com/).
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