Consumer Financial Protection Bureau (CFPB): New Guides for Consumers on Preventing Elder Financial Abuse

November 2, 2021

Today, during National Family Caregivers Month, the Consumer Financial Protection Bureau’s Office for Older Americans released a new guide to help family members and friends of people living in nursing homes and assisted living communities learn how to prevent and report elder financial abuse.

This guide is for family, friends, and other community members. It walks through four steps to fighting elder financial abuse: Prevent, Recognize, Record, and Report. The guide lists red flags to watch for, shares some common scenarios, and includes resources you can use to help your loved one. Download or order the new guide for free.

We also released a “quick reference” handout that is focused on how to report elder financial abuse. This can help you quickly find the right resources in a tough situation. Download or order a free copy of the handout.

Save the date for a webinar on December 7, 2021 to learn more about the new guide and handout and how to use them. We will send another email with the webinar invite later this month.