Elder Financial Exploitation: What Aging Services Professionals Need to Know

Includes one complimentary Continuing Education (CE) credit. CE Application Guide
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The risk of elder financial exploitation has grown exponentially, costing Americans more than $28 billion per year, according to the AARP.

This webinar will present new research describing the societal, personal and contextual risk factors that increase susceptibility to financial exploitation and fraud. Learn how artificial intelligence and cryptocurrency present novel threats to older adults and the signs indicating an older adult is being financially exploited by friends, relatives or international scammers. Take away actionable strategies to prevent and respond to exploitation with the goal of safeguarding older adults’ retirement savings.

Participants in this webinar will be able to:

• Identify the latest trends in scams and fraud.
• Detect signs of suspicious activity or behaviors indicating financial exploitation.
• Name strategies to prevent and support victims of financial exploitation.
• Describe societal and individual risk factors that increase susceptibility to financial exploitation.

Presenter:

Marti DeLiema, PhD, is a gerontologist and assistant professor in the School of Social Work at the University of Minnesota. She studies elder maltreatment and regularly collaborates with financial institutions, AARP, the FINRA Foundation and federal protection agencies to analyze victimization risk factors and test efforts to inoculate consumers from fraud and abuse through enhanced consumer education and advance-care planning interventions.