Elder Scams: Banks as First Defense
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Elderly woman narrowly escapes $70,000 scam, highlighting banks role in combating elder fraud. Despite losing billions annually, seniors often hesitate to report. Banks are stepping up with training, legal protections, and trusted contact systems. However, new challenges like AI voice cloning require ongoing efforts to safeguard vulnerable seniors.
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