Updated publication educates about financial abuse

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Money Smart for Older Adults
Money Smart for Older Adults

New resources from the Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau can help educate you, your residents and their families about financial exploitation through fraud and scams.

The agencies have unveiled a new edition of “Money Smart for Older Adults” that includes new information. The publication identifies common types of elder financial exploitation, such as imposter scams and identity theft; includes information on how older adults can plan for a secure financial future and make informed financial decisions; and provides guidance on how to report financial exploitation.

The resource guide can be downloaded at no charge, or paper copies can be ordered, online. It is available in English and Spanish.

In addition to the resource guide suitable for older adults and their caregivers, also available are an instructor guide and PowerPoint presentation that social service agencies, law enforcement and financial institutions, legal professionals and others who serve older adults can use to present the information as an educational course. The complete curriculum can be found on the FDIC website.

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