WEBINAR

Elder Financial Exploitation Webinar

CFT Credits: 0.25

The National Council on Aging reports older Americans lose as much as $36.5 billion a year to financial exploitation. It has been billed as the crime of the twenty-first century, and as the senior population increases (U.S. Census statistics project the 65 and over population to double from 2012 to 2050) the loss is expected to increase proportionately…unless we help!

Webinar Description and Intended Audience

New Federal Law Provides Immunity for Reporting Suspected Elder Financial Exploitation – TRAINING and RECORDKEEPING REQUIRED

The National Council on Aging reports older Americans lose as much as $36.5 billion a year to financial exploitation. It has been billed as the crime of the twenty-first century, and as the senior population increases (U.S. Census statistics project the 65 and over population to double from 2012 to 2050) the loss is expected to increase proportionately…unless we help!

The federal government has sounded the alarm (in unison no less). FinCEN, CFPB, FDIC, DOJ, FDIC, FTC and others are all asking for financial institutions to take a stand against elder financial exploitation, and with the signing of the Economic Growth, Regulatory Relief, and Consumer Protection Act on May 24, 2018, the federal government is providing immunity when reporting suspected elder financial exploitation to federal, state and local authorities.

What You Will Learn

After participating in this program, the bank must:

  • Maintain records of program content and participating bank staff,
  • Train affected employees on state reporting requirements (if applicable – resources included),
  • Train all employees on procedures for internal (in-bank) reporting of suspected financial exploitation, and
  • Ensure all new hires receive the required training – This webinar is available on-demand to help.

Who Should Attend

To qualify, each employee having contact with elderly customers, and their activity and documents is required to have training on identifying and reporting elder financial exploitation, including the signs of financial exploitation, and the legal requirement to respect the privacy of individual customers. This webinar provides 90% of the training content required for immunity under the new federal law. Participants will learn applicable definitions, “red flags” of elder financial exploitation – including real world examples, and tips for responding to “in-progress situations”.

Webinar Viewing Options

LIVE WEBINAR:                                              

INCLUDES 7 DAYS OF UNLIMITED ONDEMAND PLAYBACK!  With this option, you will participate in the webinar live, via the internet. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time.  And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!

SIX MONTH ONDEMAND VIDEO:

With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it a very effective training tool. The OnDemand Video will be available to you (and anyone else in the company) for six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.

CD-ROM VIDEO:

If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool.  With this option, you will receive a download of any applicable handouts and a CD-ROM (featuring the full-color PowerPoint presentation with audio) via regular mail. Mailed 7 to 10 days after the webinar takes place.

IN-HOUSE:                                                        

Webinars can be scheduled and offered exclusively for your company.  They can even be customized to best fit your needs.  To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.

Continuing Education (CE) Credits

This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

Register Here!

Choose the viewing option that best suits your needs. Live Webinar times are shown as Eastern Time. You can choose to pay by credit card or invoice when you register. CFT Credit will be awarded to the registrant, unless directed otherwise (additional attendees can also receive credit for an additional fee). CFT Webinars are powered by Total Training Solutions!

Webinar DateStart TimeEnd DateEnd TimeViewing Options - See Descriptions AbovePrice
08/06/18Archived Six Month On-Demand Recording$295.00Order
08/06/18Archived CD-ROM Video Recording$345.00Order
AnyIn-HouseRequest