The head of the Consumer Financial Protection Bureau's effort to protect older Americans will speak in Cleveland next week.
Hubert "Skip" Humphrey III will give the keynote speech at a free forum on financial abuse and the elderly.
The forum explore ways that the professionals who come into contact with senior citizens can help protect them, said Richard Browdie, president of the Benjamin Rose Institute on Aging.
With the passage of the Elder Justice Act (which was tucked into the federal health care reform bill) and the establishment of the CFPB's Office of Older Americans, Browdie said it seemed like a good time to put bankers, social workers, financial planners and lawyers together to talk about the financial exploitation of seniors.
"Because the financial marketplace has become more complicated, the intervention is more complicated," Browdie said.
The forum, "Financial Protection for Older Adults," runs from 1 to 4:30 p.m. July 25 at the Hilton Garden Inn, 1100 Carnegie Ave., Cleveland. It includes sessions on reverse mortgages, medical fraud and financial exploitation.
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Cleveland Forum on Financial Exploitation of the Elderly