FDIC Enhances Tool to Prevent Elder Financial Exploitation — 2018-10-15

The Federal Deposit Insurance Corporation (FDIC) today announced the release of a Spanish-language version of Money Smart for Older Adults. The curriculum, now offered in English and Spanish, has been updated to provide new information and resources to help older adults and their caregivers recognize and prevent fraud, scams, and other types of financial exploitation. The curriculum also includes information to help older adults plan for a secure financial future and make informed financial decisions. Money Smart for Older Adults was developed jointly by the FDIC and the Bureau of Consumer Financial Protection (Bureau) to provide an instructor-led training module that can be used by trusted individuals who serve the older adult population. Instructors often include representatives of social service agencies, law enforcement, and financial institutions, as well as legal professionals and other volunteers. The three-part module consists of an instructor guide, a participant/resource guide, and a PowerPoint presentation that supplements classroom instruction.