Recently, a man posing as a Winston-Salem police officer scammed an elderly woman by claiming her credit union account was at risk (story here). While this story is unusual, elder abuse is an all-too-common problem. Research reported by the National Center on Elder Abuse shows that as many as two million seniors are affected.
Skip Humphrey of the CFPB will speak at the Governmental Affairs Forum at the NCCUL Annual Meeting. Humphrey, the former Minnesota Attorney General, focuses on elder financial abuse in his role at the CFPB.
"Elder abuse is a significant problem in the US, and Skip Humphrey will provide the latest trends on this important topic and provide information on how credit unions can help protect their members," said NCCUL SVP of Association Services, Dan Schline.
The League is also working with the CFPB and the NC Attorney General on an free event for seniors that focuses on preventing elder financial exploitation. Click here for more information on the June 13, 2013 event in Raleigh.
For the complete Annual Meeting agenda, please click here. You may also wish to access the Annual Meeting page of the NCCUL web site.