News

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....

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...

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...

Written Testimony of Matthew Noyes, Cyber Policy & Strategy Director, Office of Investigations United States Secret Service Before Subcommittee on National Security, Illicit Finance, and International Financial Institutions Committee on...

Earlier in 2024, CBS News shared a story about the growing epidemic of overseas online scammers robbing vulnerable Americans. There is now an update on the billions of dollars being...

Across the Hudson River Valley, the trees were turning yellow and red when 83-year-old Annette Manes began showing up at JPMorgan Chase & Co. branches, draining them of cash. Her...

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis today focusing on patterns and trends identified in Bank Secrecy Act (BSA) data linked...

The Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of the Treasury, is sounding the alarm over challenges faced by elder financial exploitation (EFE). In a newly...

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis today focusing on patterns and trends identified in Bank Secrecy Act (BSA) data linked...

A new law encouraging financial institutions to do more to prevent and report financial exploitation of older adults was prompted by a family’s discovery that their loved one lost more...