Attacking Elder Financial Abuse

Recent news of the largest federal crackdown on elder fraud in U.S. history should send a powerful message to financial institutions; prevention of this growing problem is critical, and technology holds the key. Many were surprised by the scale of law-enforcement actions announced Feb. 22, in which more than 250 defendants were charged in schemes […]

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About Elizabeth Loewy

Co-Founder and Chief Operating Officer at EverSafe, a technology platform that monitors the finances of older adults and their family members for fraud, identity theft, and age-related issues. Our software analyzes banking, investment, credit card, and credit report data daily – across accounts and institutions – identifying irregularities such as changes in spending, use of new cards, the opening of new accounts, missing deposits, repetitive transactions, late payments, and more. Suspicious activity alerts are delivered to members via email, text, voice &/or the EverSafe app.

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