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Spanish-language tool for older adults to prevent financial exploitation developed by agencies

The Federal Deposit Insurance Corporation and Consumer Financial Protection Bureau recently launched a Spanish-language version of Money Smart for Older Adults. This free financial resource tool is designed to help aid older adults (age 62 and older) and their caregivers prevent, identify and respond to elder financial exploitation, which affects millions of senior citizens each year, with only a fraction of incidents reported.

The Spanish-language version is the companion to the English-language program jointly developed last year by the two agencies. The instructor-led module includes practical information that can be put to use right away. It is designed to be delivered to older adults and their caregivers by representatives of financial institutions, adult protective service agencies, senior advocacy organizations, law enforcement and others that serve this population.

The module contains a participant/resource guide and PowerPoint slides in Spanish that can be downloaded free of charge from the FDIC website. Hard copies of the participant/resource guide can be ordered by clicking here.

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