U.S. Elderly Losing up to $28 Billing per Year Due to Fraud
Karen DeMasters in an April 19, 2019 article in fa-mag.com reports that elder financial abuse is much more devastating than reported in the past.
Credit unions need to have policies and procedures in place to minimize financial fraud on its members, particularly the elderly.
TCT Risk Solutions provides Regulatory Compliance and Policy Creation services to client credit unions to help assure members are reasonably protected from financial fraud.