The FDIC has updated its Money Smart for Older Adults curriculum to include new information and resources to help older Americans and their caregivers guard against fraud and other scams targeting the elderly. A joint effort between the FDIC and the CFPB, this program is a stand-alone, instructor-led module that bankers and other professionals serving older Americans can use to educate their customers about financial exploitation.
The program covers a range of topics including common types of elder financial exploitation, scams targeting veterans, identity theft, medical identity theft, scams that target homeowners, planning for unexpected life events and how to be financially prepared for disasters. The modules – which include an instructor guide, a resource guide and a PowerPoint presentation – are available in both English and Spanish.
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