After successfully delivering a presentation on Elder Abuse and Financial Exploitation at the 2025 Robbery Investigators of Texas (RIOT) Program in Dallas, the IBAT compliance team presented a webinar on the topic earlier this month. Recognizing the critical importance of this issue, we are now sharing the recording of the hour-long webinar with the entire membership.
This webinar provided essential insights and practical guidance to help community bankers and community members identify, prevent and respond to elder financial abuse. We hope you will gain valuable knowledge on key topics, including:
- Understanding Elder Abuse and Financial Exploitation – Defining the issue and its impact on individuals and financial institutions.
- The Statutory Framework in Texas – Reviewing relevant laws and regulations governing elder financial protection.
- Educating Staff on Identifying Elder Abuse and Financial Exploitation – Training employees to recognize and respond to suspicious activity.
- Real-World Examples/Real Dollars Lost – Examining actual cases to highlight the consequences of financial exploitation.
- Prevention/Spotting Red Flags – Identifying warning signs and implementing proactive measures to safeguard vulnerable individuals.
- Penalties – Understanding the legal and financial consequences of failing to prevent or report exploitation.
- Resources – Exploring tools, agencies and best practices for reporting and preventing elder financial abuse.
Enhance your skills in safeguarding seniors from fraud and exploitation. Take advantage of this chance to stay informed and help create a safer financial environment for elder adults in the communities you serve!
