Elder Financial Exploitation Summit: Protecting Older Adults Through Banking, Partnerships, and Prevention
Designed for Community Banks in Maryland & Virginia
Elder financial exploitation is the fastest-growing form of elder abuse today and it is a crime that deprives older adults of their resources and their independence. According to the Internet Crime Complaint Center’s Elder Fraud Report, in 2025, over 201,000 victims ages 60+ reported losses of more than $7.7 billion to the IC3. This represents a 37% increase in losses over losses reported in 2024.
The MBA/VBA are partnering with representatives from local, state and federal organizations to develop a seminar designed for any staff who may come into contact with elderly or vulnerable adults in the course of employment or those who review the financial documents, records, or transactions of an elderly or vulnerable adult in connection with providing financial services to such elderly or vulnerable adult.
Agenda & Session Descriptions
| 9:00 – 9:05 a.m. | Welcome & Opening Remarks DeMarion Johnston | Virginia Bankers Association |
| 9:05 – 9:50 a.m. | The New Face of Elder Fraud: Trends, Scams & Criminal Tactics Katharine Johnson | AARP |
| 9:50 – 10:30 a.m. | Legal Authorities and Bank Intervention Strategies: What Can Your Institution Do? TBA |
| 10:30 – 10:40 a.m. | Networking Break |
| 10:40 – 11:40 a.m. | The Prodigal Son: A Case Study of Interfamily Financial Abuse Detective Wood | Henrico Police Division |
| 11:40 a.m. – 12:30 p.m. | Lunch & Optional Roundtable Discussion |
| 12:40 – 1:30 p.m. | Recognizing the Red Flags: A Banker’s Role in Prevention – A Fireside Chat Moderated by: DeMarion Johnston | Virginia Bankers Association with Kathy Lifsey | Bank of the James & Kristen Oldham | Farmers & Merchants Bank |
| 1:40 – 2:30 p.m. | Working Effectively With Adult Protective Services – A Panel Discussion Moderated by: Carey Raleigh | Virginia Dept. for Aging and Rehabilitative Services – APS Panelists:
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| 2:30 – 2:40 p.m. | Networking Break |
| 2:40 – 3:30 p.m. | BSA, SARS & Elder Financial Exploitation Reporting |
Topics Include:
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Registration Information
Virtual
Members: $225
Non-Members: $275
Each registration will purchase one log-in. Please note, that due to speaker requirements, we are unable to record this training for later viewing.
cancellation policy
All cancellations will be charged a $25.00 administrative fee. Cancellations received after May 26, 2026 will be charged a $75.00 administrative fee plus any additional fees associated with the training. Substitutions are allowed prior to the beginning of course.