New data from the Financial Crimes Enforcement Network’s (FinCEN) strategic analysis of Bank Secrecy Act filings regarding elder financial exploitation revealed significant increases in the number of filings reporting elder abuse and the amount of money involved. NAFCU’s Elizabeth LaBerge breaks down concerning trends from the report in a new Compliance Blog post.
More Stories
Same FICO, Different Risk: Geography Emerges in Auto Loan Delinquencies
All Loan and No Cattle
Regulators Clarify What Credit Unions Can Tell Members About Suspicious Activity
$3.3 Million for Credit Union CEO Luxury and Only $1.7 Million for 33 Employees
The Pastor, the Credit Repairmen and $460,000 in Fraudulent Auto Loans
One Employer, Hundreds of Auto Loans: The Fed Warns About Concentrated Credit Risk