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Topic: Elder Investment Fraud

Tennessee Securities Division in effort to protect seniors from fraud

 

Tennessee Department of Commerce and InsuranceMultistate program will train medical staffers to detect abused elders

Nashville, TN – The Tennessee Department of Commerce & Insurance (TDCI) Securities Division is participating in a multistate effort to partner with securities professionals in providing training to thousands of healthcare professionals to detect the financial abuse of elders, particularly seniors with cognitive impairment.   

“The Securities Division is excited to be participating in the Elder Investment Fraud and Financial Exploitation Prevention Program,” says TDCI Commissioner Leslie A. Newman. “This effort is crucial: Many of the victims of the securities scams investigated by my department are senior citizens and, unfortunately, some are extremely vulnerable to securities Ponzi schemes and other illegal investment.” «Read the rest of this article»

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