(1888PressRelease)
February 29, 2008 - (NEW YORK, NY) - Dr. Linda Eagle, Founder and President of Edcomm Banker’s Academy will speak about the importance of Elder Financial Abuse (EFA) training to a group of law enforcement officials, bank fraud investigators, and representatives from Commerce Bank. The presentation is scheduled for February 29, 2008 in Westchester, NY. Together with People’s United Bank, Dr. Eagle will address the damaging effects of elder financial abuse, and how EFA training from Edcomm Banker’s Academy can educate members of the banking community to be aware of the red flags of abuse. As part of her presentation, Dr. Eagle will discuss the upsurge in elder financial abuse, the status of state and federal laws protecting seniors, and the responsibility of banks and other financial services companies to recognize and report such abuse.
Angela DeLeon of People’s United Bank said, “It's wonderful that Edcomm Banker's Academy offers this training to their banking clients, but it is even more important that they are speaking to the public about the dangers of elder financial abuse and educating the community on this dangerous type of fraud.”
With more than 5 million cases per year, financial abuse of elders is the #1 crime committed against persons age 65 and older. Currently, 18 states and Washington, D.C. have passed laws that require employees of banks, credit unions and money service businesses to report suspected cases of elder financial abuse. Another 32 states recommend it. Congress is expected to pass the Elder Justice Act, which will make this federal law.
Focus on Elder Financial Abuse, from Edcomm Banker’s Academy, is a comprehensive eLearning program providing training on issues related to elder financial abuse. The course covers: defining elder financial abuse and the laws governing it, detecting the red flags of elder financial abuse, and reporting elder financial abuse properly. Focus on Elder Financial Abuse is geared towards teaching participants how to identify elder abuse and how to protect both their customers and the bank, with accurate, compliant reporting.
The Edcomm Group Banker’s Academy is a 21-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).
The Edcomm Group Banker's Academy (www.edcomm.com) (www.bankersacademy.com) is headquartered in New York City with an Advanced Design Center located in Fort Washington, Pennsylvania.
