Banks can help spot elder financial exploitation and abuse

Tuesday September 24th 2013
By

An older Oklahoma resident began receiving sweepstakes offers in the mail after her 90-year-old husband moved into a nursing home. Just send $50, $100, $2000, even $5000 to claim your prize, they promised. When she asked a bank employee to help her send a large amount of cash in the mail, the bank investigated. It turned out the older customer had been writing as many as 90 checks a month to collect promised prizes that never materialized. The bank contacted the Postal Inspection Service to investigate and the authorities intervened.

A 98-year-old lawyer was scammed by a purported friend who loaned him office space and then accessed financial records stored there. When the older man was hospitalized for hip surgery, the 76-year-old friend drained $330,000 from bank accounts and used the money to pay for a trip to Puerto Rico and purchases at a variety of stores. Ultimately, the victim’s banks alerted authorities because of concerns about unusual activity on the accounts.

As we travel the country, we hear more stories of banks, credit unions, money transmitters, and other financial services providers spotting financial abuse targeted at older adults. Some of these are success stories like the ones we just shared: the financial institution makes a timely report, and authorities can prevent the theft, prosecute the perpetrator and help the victim.

But sometimes financial institution personnel are confused. They want to help protect the consumer, but are unsure whether privacy laws allow them to share a consumer’s personal information with law enforcement and other authorities that can take action.

That’s why today, along with seven other federal agencies, we (Consumer Financial Protection Bureau) released guidance on this issue for financial institutions. The guidance clarifies for banks and other financial services providers that reporting suspected elder financial exploitation to appropriate authorities does not generally violate the privacy provisions of the Gramm-Leach-Bliley Act, a federal law. Read more »

Elder abuse task force issues warning

Friday September 13th 2013
By

HARRISBURG, Pa. (WHTM) -

Officials in Dauphin County are issuing a warning for senior citizens. They are some our most vulnerable citizens and criminals are taking advantage of them. Authorities arrested two people for scamming seniors out of thousands of dollars.

Officials said car salesman, Theron Goldman, submitted loans for more than the car was worth and pocketed the money. Authorities said he got away with more than $30,000.

Authorities said Cathy Caufield used her power of attorney agreements to scam an elderly woman out of $10,000.

Similar scams happen far too often, and the Dauphin County Elder Abuse Task Force is on a mission to nab more criminals.

“The message is very clear: if you plan to exploit seniors in Dauphin County, you will be caught and you will be brought to justice,” County Commissioner George Hartwick III said. Read more »

Ramey man to stand trial on forgery charges

Friday September 13th 2013
By

A financial advisor accused of stealing $120,000 from a client had all charges bound over for court following a preliminary hearing before Magisterial District Judge Jerome Nevling at yesterday’s session of Centralized Court held at the Clearfield County Jail. Frank C. Stewart, 47, of Ramey is charged with six counts of forgery, theft by unlawful taking, theft by deception, receiving stolen property, and access device issued to another who did not authorize use.   Stewart is accused of using his position to steal $120,000 from the victim’s annuity and using it to pay off his debts. Read more »

Richmond Township woman charged with stealing money from her father

Friday September 6th 2013
By

A Richmond Township woman has been charged with stealing $83,146 from her father while she had power of attorney status because of his declining health. Karen. L. Schuler, 54, of the first block of Schuler Road remained free to await further court action following arraignment early Thursday before Senior District Judge Richard A. Gatti in Reading Central Court.  Detectives with the Berks County district attorney’s office charged her with theft, receiving stolen property and related counts.
According to county detectives:  William Heydt was hospitalized early in 2012 for a heart attack. He then moved from his home to live with a relative and eventually to the Lutheran Home at Topton.  Heydt’s niece, Susan Smith of Fleetwood, was given power of attorney, replacing Karen Schuler. Smith reviewed her uncle’s records and found suspicious transactions. Smith reported the matter to the Berks County Area Agency on Aging. A caseworker in the protective services unit found merit in the complaint and asked county detectives to investigate.Schuler had paid her father’s utilities and local taxes from his checking account, but she was not authorized to pay herself a gift from her father’s accounts.Detective Robert Heiden found that between October 2008 and February 2012, Schuler issued at least 400 checks totaling $83,146 to herself from her father’s account.
Editor’s Note:  This case was a cooperative effort between the Berks County Area Agency on Aging, the Reading Police Department and the Institute on Protective Services.


This article was written and published by the Reading Eagle.

Five Year Refresher – May 20, 2014 – Center Valley

Wednesday August 28th 2013
By

On May 20, 2014 we are offering a five-year refresher training in Center Valley.

This one-day training will refresh and review critical elements of doing protective services in the Commonwealth including investigative techniques, updates to the regulation, interpretation of regulations, guardianship and power of attorney laws, etc.

The Department of Aging is requiring all protective service investigators to take this course every 5 years, in addition to their annual enrichment training.  This year, all PS investigators and PS supervisors with 5 years of experience must attend one of the classes. Read more »

Five Year Refresher – May 12, 2014 – State College

Wednesday August 28th 2013
By

On May 12, 2014 we are offering a five-year refresher training in State College.

This one-day training will refresh and review critical elements of doing protective services in the Commonwealth including investigative techniques, updates to the regulation, interpretation of regulations, guardianship and power of attorney laws, etc.

The Department of Aging is requiring all protective service investigators to take this course every 5 years, in addition to their annual enrichment training. This year, all PS investigators and PS supervisors with 5 years of experience must attend one of the classes. Read more »

Five Year Refresher – April 17, 2014 – Mars

Wednesday August 28th 2013
By

On April 17, 2014 we are offering a five-year refresher training in Mars.

This one-day training will refresh and review critical elements of doing protective services in the Commonwealth including investigative techniques, updates to the regulation, interpretation of regulations, guardianship and power of attorney laws, etc.

The Department of Aging is requiring all protective service investigators to take this course every 5 years, in addition to their annual enrichment training.   This year, all PS investigators and PS supervisors with 5 years of experience must attend one of the classes. Read more »

Five Year Refresher – March 12, 2014 – Camp Hill

Wednesday August 28th 2013
By

On March 12, 2014 we are offering a five-year refresher training in Camp Hill.

This one-day training will refresh and review critical elements of doing protective services in the Commonwealth including investigative techniques, updates to the regulation, interpretation of regulations, guardianship and power of attorney laws, etc.

The Department of Aging is requiring all protective service investigators to take this course every 5 years, in addition to their annual enrichment training.   This year, all PS investigators and PS supervisors with 5 years of experience must attend one of the classes. Read more »

2013-2014 Institute Training Schedule

Tuesday August 27th 2013
By

During the 2013-14 training period, will be offering seven basic enrichment trainings, two sessions of the basic PS trainings,  and three advanced/supervisor enrichment trainings. Below you will find a listing of our trainings as well as a link to training and registration information. Read more »

PS Advanced Enrichment – June 16, 2014 – Camp Hill

Tuesday August 27th 2013
By

On June 16, 2014 we are offering an advanced basic enrichment training in Camp Hill. This training is open to supervisors and advanced seasoned protective service investigators and provides protective services enrichment credits.

This training is designed for protective service supervisors and investigators with significant experience in the field. The training will cover topics that provide opportunities and and address obstacles to enhancing our delivery of protective services across the network in conducting investigations and protective services delivery. Read more »

Subscription via RSS or Email: