U.S. Treasury’s financial crimes network warns of elder exploitation

The Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of the Treasury, is sounding the alarm over challenges faced by elder financial exploitation (EFE). In a newly released trends report, FinCEN highlighted more than $27 billion worth of “suspicious activity” across more than 155,000 filings of Bank Secrecy Act (BSA) data with [...]read moreU.S. Treasury’s financial crimes network warns of elder exploitation