A recent study estimates that the financial loss by victims of elder financial crimes and exploitation is nearly $3 billion a year with approximately 2 million seniors being exploited.
To increase awareness of elder financial abuse, Rhonda Decker, Senior Vice President and Security Office at Jeff Bank, will present a 30-minute video on the topic, followed by question and answer session, on Wednesday, August 21, from 3:00 to 5:00 p.m. at the Narrowsburg branch of the Western Sullivan Public Library, 198 Bridge Street. Co-sponsored by Growing Older Together and the WSPL, the event is free and open to the public.
The video, “Preventing Elder Financial Abuse,” educates family, friends, those in social organizations and the community at large on how to look for signs of elder financial abuse and how to prevent it. The video information was extracted from the FDIC/CFPB Money Smart for Older Adults, so it is reliable, accurate and timely.
There is no need for taking extensive notes during the presentation; Jeff Bank will provide all the important “take-away” information in handouts to all who attend.
Registration is requested. To register, visit WSPLonline.org or call (845) 252-3360.
For information about the event or to learn more about Growing Older Together, call 570-630-0509 or visit got.clubexpress.com.