World Elder Abuse Awareness Day: detecting and preventing scams

Kyle Schmauch In The News

By: Lindsey Ford

June 15th has been dubbed World Elder Abuse Awareness Day (WEADD).

Data from the State Commissioner of Securities and Insurance says 75% of the nation’s wealth is from elders.

This year, Montana’s Insurance Commissioner Matt Rosendale teamed up with the state legislature to create House Bill-24.

The Bill allows the financial industry to report suspected financial exploitation, and to delay the disbursement of funds while an investigation is taking place.

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