Elder Financial Exploitation is on the Rise

Scams and fraud aimed at the elderly are increasing as the methods of tricking the elderly are getting more sophisticated. In many cases, the credit union staff will recognize transactions or words used in conversation with an elderly member that may be an indication that something is wrong. 

Review the Elder Financial Exploitation topic in the Security channel of NJCUL’s League InfoSight to ensure your credit union stays on top of this important issue.