• Building staff awareness of common elder fraud schemes such as romance and charity scams and newer typologies such as Covid, tech support and government relief scams

• Crafting KYC and monitoring to detect and resolve unique elder fraud red flags such as aberrant spending/borrowing, unusual guardianship changes and suspicious asset transfers

• Analyzing the case of Keniel Thomas, who went to prison after trying to scam former FBI director William Webster in a Jamaican lottery fraud that escalated to threatened violence

Moderator:

John J. Byrne, Esq., CAMS, Chairman, Company Advisory Board, AML RightSource

Presenters:

Ronald C. Long, Head, Aging Client Services Center of Excellence, Wells Fargo & Co.

Corey Lynch, Product Manager, AML, Verafin

Jack Oskvarek, CAMS, Senior Vice-President, BSA Executive Director, Wintrust Financial Corporation

Joel Sauer, Director, Senior & Vulnerable Investor Investigations, Charles Schwab