Writing SARs for Disabled Adults and Elder Abuse
Baby Boomers. The Consumer Financial Protection Bureau has called the illegal or improper use of an older person’s funds, property or assets “The Crime of the 21st Century”. The US Census Bureau reports that America’s 65-and-over population will nearly double from 48 million to 88 million by 2050. The 80 and over demographic is growing faster than the 65-79 age group due to increased life expectancy. Elders have accumulated a lifetime of savings, and are now getting monthly checks for pensions, retirement accounts, and social security. They may also be challenged with cognitive impairment (dementia and Alzheimer’s disease), along with isolation, physical decline, and bereavement from the loss of a lifelong partner or close friend. Annual losses to older adults and vulnerable people of all ages total more than $3 billion. Banks and Credit Unions lose more than $1 billion annually.
We’ll also address the disabled adults over the age of 18.
WHAT YOU'LL LEARN
Just a sampling of what this webinar will cover:
- How to file a SARs report regarding Elderly Abuse
- How to write a narrative to alert law enforcement
- How to answer law enforcement questions
- How to notify the Department of Aging Services
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