Scams & Fraud

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.

The August 21st Elder Justice Summit focused on financial exploitation of the 65+ community. This event was held on both St. Croix and St. Thomas, with a livestream connecting both AARP offices. The Elder Justice Summit was attended by Lt. Governor Tregenza Roach, Commissioner of Banking and Insurance, as well as representatives from First Bank, Oriental Bank, the St. Thomas Credit Union, Merchant Commercial Bank, Bank of St. Croix, Frederiksted Federal Credit Union, and financial specialists from Medicaid and SNAP from the Department of Human Services.

AARP, which advocates for the more than 100 million older Americans aged 50 and older, including the 20,000 living in this Territory, is pleased to release a joint statement in recognition of June as Elder Abuse Awareness Month. This month is recognized globally as a time to raise awareness and inspire action to prevent abuse, neglect, and exploitation of older people.

With fraud losses among older adults on the rise, AARP Virgin Islands is ramping up its efforts to educate residents and push for stronger laws to protect them.

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AARP advocates for stronger consumer protections to combat scams. Join our efforts in the fight against fraud.