Mitigating elder financial abuse risk

first_img continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Financial institutions, including credit unions, have faced increased fraud risks (identity theft, scams, stolen, counterfeited and forged checks) as a result of the COVID-19 pandemic and the overall national crisis. Several federal regulators have shown their concerns throughout recently issued guidance and publications.On March 16, the Financial Crimes Enforcement Network (FinCEN) released a statement to financial institutions concerning the COVID-19 pandemic. In the statement, FinCEN advised financial institutions to “remain alert about malicious or fraudulent transactions similar to those that occur in the wake of natural disasters.” FinCEN also identified imposter scams, investment scams, false investment opportunities scams, product scams and insider trading as emerging trends connected to COVID-19. You can read more in this NAFCU Compliance Blog.Two days later, on March 18, the Federal Deposit Insurance Corporation (FDIC) warned consumers of recent scams with impostors posing as agency representatives and asking for bank account information or cash.Also, on April 02, the Internal Revenue Service (IRS) issued a warning about C0VID-19 related scams, encouraging taxpayers to watch out for schemes tied to economic impact payments and to be on the lookout for a surge of calls and email phishing attempts about the COVID-19. In the statement the IRS states “[s]eniors should be especially careful during this period” and reminds retirees that “no one from the agency will be reaching out to them by phone, email, mail or in person asking for any kind of information to complete their economic impact payment/stimulus payments.”last_img read more

Xavier: Nigeria has no replacement for Okocha

first_imgFormer AFC Leopards midfielder, Francis Xavier, has said that he was surprised that Nigeria is yet to produce another great star, Austin Jay Jay Okocha. The creative midfielder helped Nigeria to win the 1994 Afcon and played a huge role as the team finished second in 2000 and third in 2002, 2004 and 2006. He was also in the team that won the 1996 Olympic Games as well as the Afro-Asian Cup of Nations in 1995. “He won many individual and collective awards but he remained humble and disciplined until his retirement,” Xavier added. read also:‘Mikel is great but Okocha is Eagles’ all-time best’ “Nigeria are still struggling to find his replacement who can consistently deliver for the team and help them hit greater heights.” Okocha made 75 appearances for the Super Eagles, scoring 14 goals in the process. FacebookTwitterWhatsAppEmail分享 The 46-year-old former Nigeria international was a joy to watch during his playing days both at the club and national level. The former AFC Leopards midfielder has explained why he will go for the former Super Eagles star. “Okocha is one player who was very influential on the pitch and could create chances, as well as scoring goals,” Xavier told Goal on Tuesday. “He was very skilled and could dribble his way out of trouble at any given time. Another impressive characteristic was his ability to adapt to any given game and have a positive effect on his team. “On most occasions, he was physically fit and his technical ability was on another level.”Advertisement Loading… Promoted Content10 Risky Jobs Some Women DoA Soviet Shot Put Thrower’s Record Hasn’t Been Beaten To This DayThe Very Last Bitcoin Will Be Mined Around 2140. Read More8 Most Expensive Mistakes In History17 Mind-Blowing Makeovers By Makeup Artist Vanessa DavisWhat Happens To Your Brain When You Play Too Much Video Games?5 Of The World’s Most Unique Theme ParksWho Is The Most Powerful Woman On Earth?Fantastic-Looking (and Probably Delicious) Bread Art8 Superfoods For Growing Hair Back And Stimulating Its GrowthBirds Enjoy Living In A Gallery Space Created For ThemGorgeous Asian Actresses All Men Are Crazy Aboutlast_img read more