The Massachusetts Bankers Association (MBA), the Massachusetts Attorney General’s Office, and the Massachusetts Executive Office of Elder Affairs have introduced an enhanced program, the Bank Reporting Project, to help train bank personnel to recognize and prevent financial exploitation of the elderly.
The Bank Reporting Project began a dozen years ago by the MBA and is now being enhanced with more training sessions for bankers and new consumer education materials in a concerted effort to thwart would-be financial abusers of the elderly.
Financial exploitation can take many forms and is often carried out by a family member, acquaintance or fiduciary.
Full Article and Source:
Bank reporting project helps identify scams
The Bank Reporting Project began a dozen years ago by the MBA and is now being enhanced with more training sessions for bankers and new consumer education materials in a concerted effort to thwart would-be financial abusers of the elderly.
Financial exploitation can take many forms and is often carried out by a family member, acquaintance or fiduciary.
Full Article and Source:
Bank reporting project helps identify scams
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