Description
This course will present many of the current scams which bombard seniors, in the hopes that recognition and education will strengthen the walls which must be built around them. The course will cover this topic from possibilities to real-life examples of fraud and deception with a detailed discussion of topics such as guardianship as an abuse avenue. It will also look at what industry rules and regulations demand from each registered individual via the Senior Safe Act, FINRA Rule 2165 and amendments to Rule 4512. This course will endeavor to add another layer of protection for those who need it most; our seniors.
Learning Objectives
When you have completed this course, you will be able to accomplish the following. • LO 1.a Recognize personal impacts of financial abuse of seniors. • LO 1.b Recall current statistics on elder financial abuse. • LO 1.c List the top 10 types of fraud perpetrated against seniors. • LO 1.d Summarize details of the most prevalent examples of fraud. • LO 2.a Locate educational resources that will help you detect elder abuse. • LO 2.b Evaluate red flags for signs of potential financial abuse. • LO 2.c Define guardianship and understand how it can be used against elderly people. • LO 2.d Identify specific protection measures against elder abuse by guardians. • LO 3.a Recall the legislative history of concerns about elder abuse. • LO 3.b Examine regulatory concerns via Rule 2165 and amendments to Rule 4512 as well as the Senior Safe Act.