Removing Barriers Blog

Bureau and FinCEN to Host Webinar on Financial Institution and Law Enforcement Efforts to Combat Elder Financial Exploitation
Posted May 24, 2018 by CUNA Advocacy

Earlier this morning, the Bureau of Consumer Financial Protection (BCFP) announced that along with FinCEN they will host a webinar on financial institutions and law enforcement efforts to combat elder financial exploitation.

Below you can find the entire release from the Bureau.

Bureau of Consumer Financial Protection and FinCEN to host Webinar on Joint Memorandum on Financial Institution and Law Enforcement Efforts to Combat Elder Financial Exploitation
The Bureau of Consumer Financial Protection and the Financial Crimes Enforcement Network (FinCEN), U.S. Department of the Treasury, will host a webinar on the Joint Memorandum  to encourage coordination among financial institutions, law enforcement, and adult protective service agencies (APS) to protect older adults from elder financial exploitation (EFE).  The webinar will be held on Thursday, June 7, from 2:00 -3:30 PM EDT. Registration is required to attend.

The webinar will focus on the importance of Suspicious Activity Reports (SARs) and the role that they may play in aiding law enforcement’s investigation of EFE cases with an emphasis on collaboration. 

Speakers include:

  • Jenefer Duane, Senior Program Analyst, Office for Older Americans, Bureau of Consumer Financial Protection
  • Laura Richardson, Section Chief, Intelligence Division, FinCEN, US Department of Treasury
  • Peter Gallagher, Deputy Attorney General, New Jersey Department of Justice
  • Elaine Dodd, Executive Vice President, Fraud Division, Oklahoma Bankers Association
  • Steve Vallejo, Senior Vice President - Corporate Security Director
    Corporate Security Investigations, Bank of the West

For information about the Office for Older Americans, visit consumerfinance.gov/olderamericans.

For information about FinCEN, visit www.fincen.gov.