Preventing Elder Financial Exploitation

The ElderSAFE™ Center is pleased to host this program which focuses on preventing elder financial exploitation. The program will define elder financial abuse and exploitation and discuss cyber frauds, online dating frauds, technical support frauds, investment frauds, and mortgage closing frauds. Discussion will also focus on the red flags of elder financial exploitation, factors influencing the return of funds, how and where to report elder financial exploitation and resources available.

Speakers:

Lisa Weinberg Schifferle, Senior Policy Analyst, Consumer Financial Protection Bureau (CFPB) Office of Older Adults.

Kate Kramer, Policy Analyst, Consumer Financial Protection Bureau (CFPB) Office for Older Americans

Schifferle leads the Managing Someone Else’s Money financial caregiving program as well as the Money Smart for Older Adults program. She also supports the Office’s work to combat elder financial exploitation through network collaboration and age-friendly banking. Her career in consumer protection spans more than 20 years. Before coming to the CFPB, she worked for 12 years at the Federal Trade Commission (FTC), where she trained consumers, business and advocates on scams, identity theft, and cybersecurity. She also served as the FTC’s Identity Theft Coordinator and litigated fraud and data security cases. Schifferle spent eight years at the Maryland Legal Aid Bureau, as a Staff Attorney and Supervising Attorney. She received her B.A. summa cum laude from Yale College and her J.D. from the University of Virginia School of Law.

Kate Kramer’s work focuses on age-friendly banking, financial technology, elder financial exploitation, and protecting people living in assisted living communities and nursing homes from financial abuse. Before joining the CFPB, Kramer worked with older crime victims as the Project Director of the Elder Rights Center at the Area Agency on Aging of Palm Beach/Treasure Coast. Previously, she worked as a legal services attorney with a focus on family law, guardianship law, bankruptcy, and consumer law.  Kramer holds a J.D. from Boston University School of Law and a B.A. from the University of Tulsa.

CEU credit for social workers is pending.