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 2022 Internet Crime Complaint Center’s 2022 Elder Fraud Report, more than 88,000 people over the age of 60 reported losing a combined $3.1 billion in elder financial scams.  

The VBA is partnering with representatives from the US Attorney’s Office, Adult Protective Services, local and federal law enforcement, and the American Bankers Association 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.

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Agenda & Session Descriptions

9:00 a.m.	Registration
9:30 – 9:35 a.m.	Welcome DeMarion Johnston, General Counsel Virginia Bankers Association
9:35 a.m. – 10:45 a.m.	Elder Abuse and Financial Exploitation Kashan Pathan, Assistant U.S. Attorney and Elder Justice Coord. Eastern District of Virginia, Richmond Office Suspicious Activity Reports Robert Day, SAR, Assistant U.S. Attorney Eastern District of Virginia, Richmond Office
Elder abuse and elder financial exploitation are underreported, prevalent crimes affecting a vulnerable population.  This session examines the various criminal conduct targeting elderly populations and provides information on preventing and reporting such criminal conduct.
10:45 – 11:00 a.m.	Networking Break
11:00 – 11:50 a.m.	Recognizing Indicators of Elder Financial Exploitation & Working With Your Local Agency Paige McCleary, Adult Protective Services Division Director Department for Aging and Rehabilitative Services
During this session, Paige McCleary will provide an overview of Virginia’s Adult Protective Services before diving into the top indicators of elder financial exploitation.  She will also cover the role of local departments of social services, the new federal APS regulations, online reporting tools and available resources to help you combat elder financial exploitation in your community.
11:50 a.m. – 12:50 p.m.	Lunch
12:50 – 1:40 p.m.	Federal Law Enforcement’s Role in Preventing Elder Financial Exploitation – When & How to Engage With Them Ryan Furr, Special Agent U.S. Department of Justice, Federal Bureau of Investigation
This presentation will discuss the FBI’s priorities when it comes to combatting financial crimes and will describe the trending threats and schemes that our society faces today including Business Email Compromise (BEC), investment frauds, romance/elder fraud, ransomware, and others. We will also discuss the FBI’s Internet Crime Complaint Center (IC3), its role in combatting cyber crime, and the recent trends and crime data that it has released. We will also introduce the FBI’s Recovery Asset Team (RAT) and explain how financial institutions play a role in the Financial Fraud Kill Chain to assist victims.
1:40 – 2:30 p.m.	Virginia Safe Senior Act Overview McGuire Boyd, Attorney Williams Mullen
2:30 – 2:40 p.m.	Networking Break
2:40 – 3:30 p.m.	Safe Banking for Seniors Sam Kunjukunju, Vice President, Consumer Education ABA Foundation
Elder financial exploitation is a complicated issue — and combating it requires a multifaceted approach from banks. The ABA Foundation’s Sam Kunjukunju will share key resources that can help you and your bank protect older customers in your community. Learn about accessing banker training and free materials to educate customers on topics like avoiding scams, identity theft, and financial caregiving.
3:30 p.m.	Closing Remarks & Event Adjourns

*Agenda and speakers are subject to change

Meet the Speakers!

McGuire Boyd, Attorney
Williams Mullen

Robert Day, SAR, Assistant U.S. Attorney
Eastern District of Virginia, Richmond Office

Robbie Day is the Suspicious Activity Report Assistant U.S. Attorney (SAR AUSA) in the U.S. Attorney’s Office for EDVA.  In that role, he supervises three SAR Review Teams located throughout the District including Richmond, Tidewater, and Northern Virginia.  The SAR Review Teams consists of multiple law enforcement agencies, and they investigate misconduct related to SARs.  Robbie also serves as a line white collar prosecutor in the U.S. Attorney’s Office in Richmond. 

Ryan Furr, Special Agent
U.S. Department of Justice, Federal Bureau of Investigation

Sam Kunjukunju, Vice President, Consumer Education
ABA Foundation

Samuel Kunjukunju is the Vice President of Consumer Education at the American Bankers Association. He designs and implements programs and campaigns to highlight and support the banking industry’s efforts to protect consumers, address affordable housing, and cooperatively engage vulnerable communities. Through his work with the ABA Foundation, Sam oversees the Foundation’s financial education programming, from youth to seniors. Sam holds a Master of Public Health as well as a Master of Business Administration from the University of Rochester.

Paige McCleary, Adult Protective Services Division Director
Department for Aging and Rehabilitative Services

Paige McCleary has been with the APS Division for 17 years, nine of those as the Division Director. She obtained her MSW from Smith College School for Social Work. During her social work career she has also worked with individuals experiencing homelessness and in medical settings as a discharge planner and clinic-based coordinator for adults with complex heart conditions.

Kashan Pathan, Assistant U.S. Attorney and Elder Justice Coord.
Eastern District of Virginia, Richmond Office

Assistant United States Attorney (“AUSA”) Kashan K. Pathan is the Elder Justice Coordinator for the United States Attorney’s Office in the Eastern District of Virginia.  With the assistance of federal law enforcement partners, AUSA Pathan investigates and prosecutes violations of federal criminal law, including, but not limited to, financial crimes, child exploitation offenses, public corruption, and cybercrime.  Prior to joining the United States Attorney’s Office, AUSA Pathan worked at a law firm in Chicago, Illinois.  AUSA Pathan is a graduate of Rhodes College and the University of Chicago Law School.

Registration Types & Rates

Registration types

Virtual: For bankers unable to attend in person, this training will be live-streamed.  Each registration will purchase one log-in.  Please note, that due to speaker requirements, we are unable to record this training for later viewing.

Registration Rates

In-Person or Virtual	Member	Non-Member
Through August 25	$195	$495
August 26-September 24	$225	$525

Location 

Virtual and In-Person

In-Person
Virginia Society of CPAs
4309 Cox Road
Glen Allen, VA 23060

Hotel Information

VBA has negotiated a group rate of $101 per night, plus tax. Reservations must be made no later than September 10, 2024. Click here to make a reservation.

Hampton Inn
10800 West Broad Street
Glen, Allen, VA 23060

Sponsorship

Contact Amy Binns for information.