CFPB Issues Advisory and Report for Financial Institutions on Preventing Elder Financial Abuse

One in Five Older Americans Report Being Victims of Financial Exploitation WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued an advisory and a report with recommendations for banks and credit unions on how to prevent, recognize, report, and respond to financial exploitation of older Americans. Financial exploitation, the illegal or improper use […]

This news from the CFPB was distributed by the Personal Finance Syndication Network.