Elder fraud: The fight for seniors’ financial security

Elder fraud continues to rise with no signs of stopping. FinCEN has identified fraud as a FinCEN priority, and it’s important for financial institutions to address elder fraud in their risk assessment in addition to policy, procedures, and everyday processes.  

Abrigo’s Advisory team will take a deep dive into elder abuse – particularly elder fraud. We’ll look back on the 2022 statistics and trends and discuss what your organization can do to help the fight against elder fraud.  

Key Takeaways:   

• Review of 2022 elder fraud statistics and trends 
• The social engineering of elders and how manipulation is used in fraud schemes 
• Fraud training tactics to implement