At the Senior Fraud and Financial Exploitation Prevention Roadshow, financial experts will offer tips on how to avoid being targeted by cybercriminals.
Recent guidance from Wisconsin's Department of Financial Institutions on the state’s new money transmission law tightens oversight of Bitcoin teller machines, also known as BTMs, cryptocurrency ATMs or virtual currency kiosks. Operators of BTMs must limit transactions to $2,000 per day per user, among other requirements.
AARP VI is thrilled to announce that the first financial institution in the Virgin Islands to join us in the fight against fraud is FirstBank Virgin Islands. After the August 21st Elder Justice Summit, representatives from FirstBank Virgin Islands left energized and inspired to protect Virgin Islanders against fraud and financial exploitation. This week, FirstBank Virgin Islands became the first in the territory to enroll in the AARP BankSafe training program.
Every day, millions of Americans lose their hard-earned money to identity theft and other types of scams. Last year alone, 16.7 million people from communities across the nation lost $17 billion to identity fraud alone. That’s one person who is victimized every two seconds!