West Bank offices will be closed on Thursday, July 4 in observance of Independence Day.

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West Bank offices will be closed on Thursday, July 4 in observance of Independence Day.

West Bank offices will be closed on Thursday, July 4 in observance of Independence Day.

West Bank Logo

Elder Fraud Continues to Rise

Older man holding cell phone and debit card

Elder fraud abuse is increasingly prevalent, often more so than people realize. According to Nasdaq’s 2024 Global Financial Crime Report, one in 10 elderly Americans are victims of financial abuse. Of all global fraud in 2023, $77.7 billion was linked to elderly financial exploitation. In the United States alone, the FBI’s Internet Crime Complaint Center […]

Loving Your Aging Family Member Well

Granddaughter pushing grandmother in a wheelchair

Aging is a part of life, but it can be hard to watch your loved ones get older. One way you can walk alongside them is by watching for signs of elderly financial abuse. Elderly financial abuse is a crime that deprives older adults of their resources and independence by taking advantage of their finances […]

The Basics of Elderly Financial Exploitation

Elderly Financial Exploitation

What is Elderly Financial Exploitation? According to the American Bankers Association, people over the age of 50 control over 70% of the nation’s wealth. Unfortunately, in recent years, scammers have targeted the older population—specifically those aged 60 and above—through various types of fraudulent tactics, also known as elderly financial exploitation. These criminals use tactics such […]

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