Recognizing & Preventing Financial Abuse For Those You Serve
This is the rescheduled course. NOTE THE VENUE IS MARSH MCCLELLAN. We have only 40 seats available, but we will be webcasting this for CE credit as well. Those that had already registered for the meeting will have seating priority through 12/13/2018. Invitations will be sent to our email list first thing on 12/14/2018--so register as soon as possible to secure your seat. Since we do have limited seating, we ask that you honor your reservation, since we will sell out.
For those people attending the webcast, you will need an account with www.zoom.us using the email address on file with us. In order to qualify for credit, the webinar window on your computer/device must be active at least 90% of the time. If you work in other applications during the webcast, you risk receiving no CE credit. You must be logged in at zoom.us to receive credit. IF YOU ARE INTEREST IN ATTENDING THE WEBCAST, please do not register for this meeting. Simply email executive@gsosfsp.org and you will receive further instructions next week.
Abstract:
Financial exploitation has been called “the crime of the 21st century” with one study suggesting that older Americans lost at least $2.9 billion to financial exploitation in 2011 by a broad spectrum of perpetrators, including persons they know and trust, as well as strangers. Cognitive impairment diminishes the ability of some older adults to make financial decisions and to detect frauds and scams. This epidemic is under the radar. The cases tend to be very complex and can be difficult to investigate and prosecute. Elders who lose their life savings usually have little or no opportunity to regain what they have lost. Elder financial exploitation can result in the loss of the ability to live independently. It can also result in a decline in health, broken trust, and fractured families. Awareness is the first step. Planning ahead for financial wellbeing and the possibility of diminished financial capacity is critical. Reporting and early intervention are vital to preventing loss and recovering loss when possible. Money Smart for Older Adults is designed to provide you with information and tips to help prevent common frauds, scams and other types of elder financial exploitation in your community. Please share this information with others.
Source:
This course was created by the FDIC and the Consumer Financial Protection Bureau and will be heavily supplemented with material from elder care attorneys, bank officers, law enforcement and financial consultants with experience in the field. Complete information and all course materials can be found here: https://www.fdic.gov/consumers/consumer/moneysmart/olderadult.html
Panelists:
Angela McFarland, SECU VP & City Officer
SGT Dale Nix, Greensboro Police Investigative Bureau
Gregg Schlaudecker, CLU, ChFC- Emerald College Planning LLC
Hannah Vaughan, JD - Vaughan Legal PLLC, Legal Consultant for Corporation of Guardianship
3 hours NC Insurance Ethics CIE. Will be filed with NC as two courses: a 1-hr and a 2-hr course
3 hours NC CLE (not ethics)
3 hours NC CPE (not ethics)
We will not be providing CFP ethics education
Course 209740, 2 hours ethics CIE, 105 minutes
2pm-4pm
Common Types of Financial Exploitation
Course 209741, 1 hour ethics CIE, 55 mins
4pm-5pm
Tools for professional advisors