Elder Financial Exploitation
27 min! Run Time
Employees
only
of Completion
What you'll learn
Skills covered in this course
Description
Elder financial exploitation is the most prevalent form of elder abuse, draining older adults of more than 27 billion dollars every year.
What this course covers:
- What elder financial exploitation, or EFE, is
- Common examples of financial exploitation
- Why the elderly are frequently targeted
- Who typically commits this form of abuse
For financial institution staff and caregivers who want to recognize and prevent elder financial abuse.
System Requirements
See System Requirements in the Coggno Knowledge Base
Author
Elder Financial Exploitation
Elder financial exploitation has been called the crime of the 21st century, and financial institutions are uniquely placed to intervene.
What this course covers:
- Red flags of elder financial abuse to watch for
- Best practices to help prevent abuse
- Laws surrounding elder financial abuse
- The responsibilities of financial institutions in responding
For bank and credit union staff who serve and protect older customers.
California has the nation's largest elderly population and the largest asset losses to elder abuse, which drove it to enact early civil protections.
What this course covers:
- Why California acted to protect elderly victims
- The Elder Abuse and Dependent Adult Civil Protection Act
- Civil remedies available to victims of abuse
- How the law applies to financial abuse of seniors
For California financial institution staff and advocates responding to elder financial abuse.
Elder financial exploitation is a fast-growing and despicable form of abuse, and it starts with understanding exactly what it looks like.
What this course covers:
For anyone new to elder financial abuse who wants a solid grounding in the fundamentals.