World Elder Abuse Awareness Day
2019 ELDER FRAUD WAS A KEY THEME IN CONFERENCES ACROSS THE US
On June 15th every year, World Elder Abuse Awareness Day (WEAAD) is observed in America and around the globe. This day draws attention to the millions of older victims of physical abuse, financial exploitation, and caregiver neglect around the world—and the unfortunate fact that most of these cases go unreported. We were busy this month at EverSafe, taking part in a number of events and conferences to commemorate WEAAD. On June 4th, Howard Tischler and Liz Loewy participated in a bipartisan roundtable on Capitol Hill focused on how fintech and private/public partnerships can prevent elder fraud. This event, hosted by SIFMA (Securities Industry & Financial Markets Association) and the National Adult Protective Services Association (NAPSA), included presentations by fintech companies including SilverBills LLC (a bill-paying service for seniors and caregivers), TrueLink Financial (pre-paid debit card), and YouMail Inc. (robocall blocker), in addition to EverSafe. A week later, we presented at the SEC for NAPSA’s annual WEAAD conference—once again on a panel that focused on technology solutions that have the capacity to prevent and identify elder abuse, including neglect in the home such as falls, issues with medication, and caregiver mistreatment. And we educated advisors at two major financial firms on strategies to prevent elder fraud, regulatory initiatives, and technology solutions focused on protecting investors’ financial health.