Idaho First Bank’s Post

🌍 World Elder Abuse Awareness Day 🌍 #WEAAD Elder financial abuse is a devastating and widespread issue affecting millions of seniors each year. Did you know that approximately 1 in 20 older adults report experiencing financial exploitation, and this figure is likely underreported? The financial losses from elder abuse are estimated to be in the billions annually, leaving many victims in vulnerable and precarious situations. As anti-money laundering and financial crime compliance professionals, it's our duty to protect the most vulnerable members of our society. June 15th, is World Elder Abuse Awareness Day, and we're highlighting the critical importance of recognizing and preventing elder financial abuse. At Tamlo, we offer an award-winning course, Financial Abuse of Older Adults, to equip financial institutions with the tools and knowledge needed to spot the red flags of elder financial abuse. This comprehensive course provides actionable insights and practical strategies to help your organization safeguard seniors against financial exploitation. 📹 Watch this short trailer of the videos around which the course revolves. Contact info@tamlo.com to view the course yourself in its entirety. Let's join hands in the fight against elder financial abuse. Share this post, leave a comment, and let us know how your organization is taking steps to protect seniors. Your engagement can help spread awareness and drive change. #WEAAD #ElderAbuseAwareness #AML #FinancialCrimeCompliance #Tamlo #ProtectOurSeniors

Financial elder abuse is a growing concern, and we've all likely encountered or overlooked the signs at one point or another. It's a hard truth, but it's on us to be watchful, prudent, and informed. It oftentimes occurs on the basis of trust and unfolds right in front of our faces. As a community, we need to all take some responsibility to look out for our elders. How can you stay diligent for your loved ones, protecting them from becoming victims of this crime? Tell me your thoughts below. #FinancialElderAbuse #ElderAbuse #ProtectOurElders

Elder Fraud and Abuse Statistics: What Seniors Are Facing. Learn the warning signs of elder fraud and how to prevent abuse amongst our senior population. https://lnkd.in/gmYV2Z-R

October is Domestic Violence Awareness month and includes the often overlooked issue of Financial Abuse. Financial abuse is a damaging and hidden form of domestic violence. In October 2019 I gave a TEDx talk on Financial Dependency, that included information about Financial Abuse. According to the Allstate Foundation (formerly The Purple Purse) Financial Abuse occurs in 99% of all domestic violence cases. Financial Abuse helps keep domestic violence victims trapped in their relationship because they don't have access to money, information or the resources and support they need to leave. I’ve created a resource page and downloadable guide at:https://lnkd.in/gGtu_2b4 Please share this information with others so that we can continue to break the silence and shed a light on this important issue. #FinancialAbuseAwareness #BreakTheSilence #DVAM

Elder financial abuse is an increasingly serious problem. Data reveals that 1 in 5 individuals over the age of 65 report experiencing fraud or abuse, with the true numbers likely much higher. This devastating issue costs seniors $36.5 billion annually. This World Elder Abuse Awareness Day, take the time to understand the indicators of abuse and learn how to help protect yourself and your loved ones here: https://lnkd.in/ght_7GDi #WorldElderAbuseAwarenessDay #FinancialSecurity #CommunityBanking Member FDIC

Protecting our seniors is crucial. Financial exploitation is a rampant form of elderly abuse, leaving vulnerable seniors prey to scammers and fraudsters seeking personal gain. Let's raise awareness and support our elderly loved ones against financial exploitation. Visit our website for more information. 🌐 https://lnkd.in/eNtE5Upx #eldercareadvice #homehealthagency #seniorcaregiver #homehealthcareproviders #stopelderlyabuse #protectelders #loveforelders

🔍 New Blog Post: Tackling Elder Financial Abuse - A Growing Concern 🚨 Elder financial abuse is an increasingly alarming issue, especially in Southern California. Our latest blog post at Girard Bengali, APC, sheds light on this form of exploitation, which can range from unauthorized use of an elder’s funds to sophisticated online scams. 👵🧓 The AARP reports that adults over 60 in the U.S. lose an estimated $28.3 billion a year to financial exploitation, often at the hands of someone they know. This staggering figure underlines the need for vigilance and awareness. In our post, we discuss: - The prevalence and various forms of elder financial abuse - Common scams targeting seniors - Recognizing the signs of financial exploitation - Steps to prevent elder financial abuse 🛡️ At Girard Bengali, APC, we are committed to protecting the rights of the elderly. If you or a loved one has fallen victim to such abuse, we're here to help. Our team has a strong track record of successfully representing victims of fraud and financial abuse. Your loved ones deserve protection and justice. Contact us today for a free consultation and learn how we can assist you. https://lnkd.in/gKM-8Vfa #ElderFinancialAbuse #ProtectOurElders #LegalSupport #GirardBengali #FinancialExploitation #ElderRights

The impact of victims of crime compensation goes beyond financial relief—it's about reclaiming control, finding closure, and moving forward. Being a victim can leave you feeling powerless, but compensation restores your sense of agency, affirming that your suffering matters and justice is deserved. It can provide a sense of closure, which is essential for healing. And it can assist in your journey of recovery, helping you to access medical care, therapy, and to rebuild your life. Find out more about how we’re supporting victims of crime today. #VictimsofCrimeCompensation #ReclaimControl #FindClosure #MovingForward #JusticeDeserved

Elder financial abuse is more common than ever, and caregivers play a vital role in protecting older Americans. Use these tips from the American Bankers Association Foundation to learn how to spot this form of fraud: https://brev.is/zJ2WB #SafeBankingForSeniors