FinCEN, BCFP slate June 7 webinar on combatting elder financial exploitation

Combatting elder financial abuse will be discussed in a June 7 webinar offered jointly by the Financial Crimes Enforcement Network (FinCEN) and Bureau of Consumer Financial Protection (BCFP, formerly the CFPB), FinCEN said in a notice sent Friday.

The webinar is related to a joint FinCEN-BCFP memorandum last August that sought to encourage coordination among financial institutions, law enforcement and adult protective service agencies to protect older adults from financial exploitation. It will focus on the importance of suspicious activity reports (SARs) and the role they may play in aiding law enforcement’s investigation of elder financial exploitation cases.

Registration is required for the June 7 webinar, set for 2-3:30 p.m. ET. Speakers include:

  • Richard Goldberg, Senior Counsel for Complex Litigation, U.S. Department of Justice (DOJ), Consumer Protection Branch (webinar introduction)
  • Jenefer Duane, Senior Program Analyst, Office of Financial Protection for Older Americans, BCFP
  • Laura Richardson, Section Chief, Intelligence Division, FinCEN, U.S. Department of Treasury
  • Peter Gallagher, Deputy Attorney General, New Jersey Department of Justice
  • Elaine Dodd, Executive Vice President, Fraud Division, Oklahoma Bankers Association
  • Steve Vallejo, Senior Vice President – Corporate Security Director Corporate Security Investigations, Bank of the West

FinCEN/BCFP joint memorandum

Registration for June 7 webinar