Pensioner holding credit card for internet banking and entering in security details. Senior woman making online payments using laptop. Mature woman shopping online with credit card.
Pa. forms unit to investigate financial crimes against older Pennsylvanians
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Scott LaMar
Airdate: Tuesday, August 30, 2022
The Pennsylvania Department of Aging will expand a pilot program to form an investigative unit to probe financial exploitation cases involving older adults.
Denise Getgen, Director of Protective Services for the Department of Aging appeared on Tuesday’s Smart Talk, “The thought behind the FAST (Financial Abuse Specialist team) team is to assist the area agencies on aging in completing investigations and then analyzing the data that’s obtained during the investigation to see if we can forward those cases on to law enforcement, to see if we can get justice, whether that’s in the form of criminal remedies or civil remedies and in things like restitution, prosecution, if we can really just return assets to older adults for their use.”
Getgen was asked how older Pennsylvanians are being financially exploited,”The kinds of things we’re seeing are assets, just cash being taken from older adults by people of trust, whether that’s unfortunately, family or caregivers, powers of attorney. It could be removal of cash from bank accounts, multiple transactions using a electronic, transfer of assets or debit cards, that kind of thing. We see a lot, unfortunately, of people transferring things like farms and homes over to themselves for, well under a fair market value.”
Getgen said older people and their families have to be aware of scammers who are trying to con them out of the money as well.
To report suspected financial exploitation or a scam, call 1-800-490-8505.