FINANCIAL CRIME TRENDS
Tue, 09/29/2020 - 12:30pm-1:30pm
Minding Our Elders: Fighting Financial Crimes Against Seniors and Other Vulnerable Populations
- Reviewing regulatory guidance on elder abuse typologies such as premature CD redemptions or power of attorney changes to ensure timely alert issuance and resolution
- Educating clients on scams such as bogus Social Security calls and caregiver fraud to build awareness of exploitation risks among vulnerable populations
- Analyzing Elder Abuse Prevention and Prosecution Act cases to gain insights into issues such as transnational crime organizations’ growing role in elder fraud
Moderator:
Kara Suro, CAMS
Vice President, External Fraud Surveillance and Investigations
Charles Schwab
Presenters:
Luis Alvarez, CAMS
Head of Compliance, Americas Region Western Union
Brendan Brothers
Co-Founder, Product Specialist, Verafin
Brooke Hickman–Elgrim
Director, Vulnerable Adults and Seniors Team (VAST)
Financial Industry Regulatory Authority (FINRA)