News Main Menu News Articles Press Releases CFPB Sues JPMorgan Chase, Bank of America, and Wells Fargo for Allowing Fraud to Fester on Zelle December 20, 2024 Article CFPB Americans have lost hundreds of millions of dollars to fraud tied to payment network’s shoddy safeguards... As Elder Fraud Explodes, Banks Beat Back Duty to Call Cops December 20, 2024 Article Bloomberg The tale of a retired US submarine commander who sent $3.6 million to scammers in Asia, even as his bankers worried he was being conned, sparked so much outrage in... Larry W. Cook Estate’s Appeal Granted in Negligence Lawsuit Brought Against Navy Federal Credit Union After $3.6 Million of Elderly Veteran’s Savings Allegedly Sent to Scam Artists December 20, 2024 Press Release A Washington state woman's appeal has been granted in a $3.6 million negligence lawsuit against Wells Fargo and Navy Federal Credit Union. The lawsuit, which concerns alleged fraudulent wire transactions,... Litigating Elder Financial Exploitation Cases: Defending Banks in a Tough Spot — The Consumer Finance Podcast December 19, 2024 Article JD Supra Join Troutman Pepper Partners Chris Willis, Mary Zinsner, and Dave Gettings for an in-depth discussion about litigating elder financial exploitation cases. Elder abuse and financial exploitation of the elderly are... CFPB Kicks Off Rulemaking to Help Mitigate the Financial Consequences of Domestic Violence and Elder Abuse December 9, 2024 Article CFPB The Consumer Financial Protection Bureau (CFPB) launched a rulemaking to address the harmful effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of financial... States Most Vulnerable to Identity Theft & Fraud (2025) December 6, 2024 Article wallethub In recent years, significant data breaches have compromised many Americans’ personal information. U.S. consumers reported losing $10 billion to fraud in 2023, up $1 billion from the previous year.... Google Chrome users warned to never click on these websites — 8 telltale signs of a scam and tips to avoid December 5, 2024 Article nyp Scam sites run rampant on search engines like Google, as malicious actors attempt to steal precious personal data and financial information using phony websites posing as the real thing.... Elder fraud is rising. So is the pressure on banks to catch it. November 13, 2024 Article American Banker When Janine Williamson's uncle Larry Cook, a retired Navy commander living in Herndon, Virginia, died, she was appointed administrator to his estate and began receiving his mail.... Advocating for Change: Janine Williamson’s Stand Against Elder Financial Exploitation November 11, 2024 Article LinkedIn On this Veteran's Day, an elder fraud prevention advocate, Janine Williamson, has called upon Congress to address the alarming rates of financial fraud affecting American consumers.... Elder Fraud Prevention Advocate Janine Williamson Issues Statement on S. 4943 and H.R. 9303 “Protecting Consumers from Payment Scams Act” November 11, 2024 Press Release This Veteran's Day, elder fraud prevention advocate Janine Williamson is urging Congress to take action on S. 4943 and H.R. 9303, the Protecting Consumers from Payment Scams Act. "The American... Banks and the federal government point fingers as Americans lose billions to online scams November 4, 2024 Article MSN Remember the Spider-Man meme where he points at himself? Banks and the federal government are in a similar situation, pointing to each other to solve the problem of online financial... FTC: Older adults lost up to $61.5B to fraud in 2023 November 1, 2024 Article ABA Banking Journal Older Americans reported losing more than $1.9 billion to fraud in 2023, but since most fraud isn’t reported, the actual figure could be as high as $61.5 billion, the Federal... < Previous Page1 Page2 Page3 Page4 … Page6 Next >
